An association of individuals or corporations formed to conduct a specific financial transaction such as buying a business is known as:

Related MCQs

• An unincorporated business formed by the association of two or more persons who share risks and profits is called:
• Buying and selling with a view to buying and selling at a profit later when the prices have changed is termed:
• A type of association usually formed by banks or railroads as a central agency where members can settle accounts is known as:
• Large-scale shedding of employees by major corporations sometimes referred to the disposal of subsidiaries and other unwanted activities is called:
• The law governing the establishment and conduct of incorporated business enterprise is called
• What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?
• The branch of economics concerned with providing funds to individuals, business and governments is called:
• Taxation on the income and resources of individuals or organization is known as:
• Open market operations of RBI refer to buying and selling of -
• Enterprise is the controlling unit of a business. The operating unit of a business is called: