Home » Economics-Business organizations (SSSCE/WASSCE) 1. In a joint-stock company shareholders earnSSSCE 1995 profitsdividendsinterestbonuses2. The management of corporation is in the hands of the WASSCE 2010 board of directorsminister of industriesannual general meetingsregistrar of companies3. A major source of finance to co-operative societies isSSSCE 2002 sale of sharescontribution from memberstrade billsgovernment finance4. When people buy shares in a company theySSSCE 1993 become entitled to some of the productsbecome part owners of the companylend money to the companyreceive interest on their shares5. Dividend paid by public limited companies is based onWASSCE 2008 the rate of turnoverprofit declaredpatronageprice of the share6. All the following are sources of capital for petty traders in Ghana except SSSCE 1995 personal savingscredit unionploughing back profitsstock exchange7. Which of the types of risk can a firm insure against?SSSCE 2004 trade loss due to obsolescenceloss resulting from mismanagementloss of goods in transittrade loss due to competition8. A trader could obtain funds for his business throughWASSCE 2006 equity sharesoverdraftsdiscount marketsimport duties9. In a public joint stock company, the shareholder is responsible for SSSCE 1993 buying raw materialsmaintaining capital equipmentbearing risksPersonnel management10. Which of the following securities attracts a fixed rate of interest?SSSCE 2002 DebenturesOrdinary sharesPreference sharesEquities11. Which of the following securities attract a fixed rate of interest?SSSCE 2001 DebenturesPreference sharesOrdinary sharesEquities12. Joint-stock companies have been necessitated by SSSCE 1997 the establishment of stock exchangesspecializationthe desire for limited liabilitylarge scale production13. The business organization which can raise capital most easily is theSSSCE 2002 joint stock companySole proprietorshipPartnershipCo-operative society14. Who is the entrepreneur in a public limited liability company? WASSCE 2006 The shareholdersThe creditorsThe labour unionThe managing director15. The intermediaries for those who want to sell and those who want to buy stocks and shares are calledWASSCE 2006 stockbrokersRetailersbearsbills16. Which of the following sources of finance is not available to a partnership? WASSCE 2006 Borrowing from banksTrade creditPloughing back profitsselling of shares17. All the following are sources of finance to a joint-stock company except WASSCE 2007 co-operative savings.ploughed back profitssharesloans18. The reward which accrues to the investor is WASSCE 2009 commissiondividendwagesshares19. A policy that gives citizen of a country increased control of the country’s protective resources is called WASSCE 2009 indigenization policylocalization policyproduction policyindustrial ownership policy20. the term limited liability implies that a shareholder WASSCE 2006 can lose more than he has agreed to invest in a businessmay be sued b y the company's creditorsmay sell private property to meet business debts.cannot be forced to sell private property to offset business losses Loading... Share this:Click to share on WhatsApp (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
