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Dear Student
Q-1. Option (d) is the correct answer.
A nominal partner is the one who allows to use his/ her name by the firm but do not contribute in capital, in profit and loss and also not in the management of the firm. But he/ she is responsible for the liability of the firm alike other partners.
Q-2. Option (c) is the correct answer.
Professional management is the feature of Joint stock company. As company is able to pay high salary to its employee so they hire professionals and specialist for the smooth working of the company.
Q-3 Option (a) is the correct answer.
Economic feasibility study is conducted to access if the raw material and technology required to pursue a particular business proposal.
Q-4. Option(c) is the correct answer.
Processing industries deals in product which involves successive stages of manufacturing.For example sugar.
Q-5 Option (c) is the correct answer.
Increase in competition is a type of economic risk
Regards
Q-1. Option (d) is the correct answer.
A nominal partner is the one who allows to use his/ her name by the firm but do not contribute in capital, in profit and loss and also not in the management of the firm. But he/ she is responsible for the liability of the firm alike other partners.
Q-2. Option (c) is the correct answer.
Professional management is the feature of Joint stock company. As company is able to pay high salary to its employee so they hire professionals and specialist for the smooth working of the company.
Q-3 Option (a) is the correct answer.
Economic feasibility study is conducted to access if the raw material and technology required to pursue a particular business proposal.
Q-4. Option(c) is the correct answer.
Processing industries deals in product which involves successive stages of manufacturing.For example sugar.
Q-5 Option (c) is the correct answer.
Increase in competition is a type of economic risk
Regards