An association of two or more persons for the purpose of engaging into a business for profit is called ____________________?

Related Mcqs:

What is the term for an annuity with a fixed time span ?

A. Ordinary annuity B. Perpetuity C. Annuity certain D. Annuity due...

What is considered as the basic consuming or demanding unit of a commodity ?

A. Seller B. Manufacturer C. Producer D. Buyer or consumer...

A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10% ?

A. P1,549.64 B. P1,459.64 C. P1,345.98 D. P1,945.64...

What bond whose security is a mortgage on certain specified assets of the corporation ?

A. Registered bond B. Collateral trust bond C. Mortgage bond D. Debenture bond...

Capitalized cost of a project is also known as ____________________?

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