2. The Maximum number of banking partners can be fixed at the following?
A) 10 B) 20 C) 50 D) 100
3. Which of the following is a benefit of the corporate form of business?
A) Rising large amount of capital is easier B) Ownership is easily transferrable C) Limited liability of the shareholders/stockholders D) All of the above
4. Which of the following enjoys the benefit of limited liability?
A) Limited company B) Sole-proprietorship C) Foundation D) Trust
5. A large organization with separate legal status is known as?
A) Sole proprietorship B) Partnership C) Joint stock company D) None of the Above
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