163 practice sets · Page 9 of 9
A Company is called an artificial person because
it does not have the shape of a natural person.
it cannot be used in the court of law.
it is invisible and intangible.
it exists only in contemplation of law.Answer:C
A commercial banker would prefer a debt-equity ratio over the years as it indicates financial strength of a unit.
Declining.
Increasing.
Stable.
Fluctuating.
A business arrangement where one party allows another party to use a business name and sell its products or services is known as
A cooperative.
A franchise.
An owner-manager business.
A limited company.
