Engineering Economics In case of bankruptcy of a partnership, The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Sole proprietorship Entrepreneurship Partnership Corporation Sole proprietorship Entrepreneurship Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Ledger system Bookkeeping system General journal system Balance check Ledger system Bookkeeping system General journal system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a government bond which has an indefinite life rather than a specific maturity? T-bill Coupon Debenture Consol T-bill Coupon Debenture Consol ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Forced saving All of these Compulsory saving Consumer saving Forced saving All of these Compulsory saving Consumer saving ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled? Common stock Authorized capital stock Preferred stock Incorporator stock Common stock Authorized capital stock Preferred stock Incorporator stock ANSWER DOWNLOAD EXAMIANS APP
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