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QUESTION 41 In LLCs, all partners must be UAE nationals. ( ) O True False QUESTION 42 Public Joint Stock Companies must have a minimum of five founders who will fully subscribe to the capital. ( ) Ⓒ True O False

QUESTION 41 In LLCs, all partners must be UAE nationals. ( ) O True False QUESTION 42 Public Joint Stock Companies must have a minimum of five founders who will fully subscribe to the capital. ( ) Ⓒ True O False

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Q41,42

QUESTION 39 Which of the following companies is dissolved on the death of any of the partners? OaA Limited Liability Company Ob. A Private Joint Stock Company c. A Public Joint Stock Company d. A General Partnership QUESTION 40 A worker whose period of service is more than six months but less than one year shall, for each year of service, be entitled to an annual leave of not less than: Ⓒa. 2 weeks a year Ⓒb. 3 days a month O G. 2 days a month d. 3 weeks a year QUESTION 41 In LLCs, all partners must be UAE nationals. ( ) O True False QUESTION 42 Public Joint Stock Companies must have a minimum of five founders who will fully subscribe to the capital. ( ) True False
Transcribed Image Text:QUESTION 39 Which of the following companies is dissolved on the death of any of the partners? OaA Limited Liability Company Ob. A Private Joint Stock Company c. A Public Joint Stock Company d. A General Partnership QUESTION 40 A worker whose period of service is more than six months but less than one year shall, for each year of service, be entitled to an annual leave of not less than: Ⓒa. 2 weeks a year Ⓒb. 3 days a month O G. 2 days a month d. 3 weeks a year QUESTION 41 In LLCs, all partners must be UAE nationals. ( ) O True False QUESTION 42 Public Joint Stock Companies must have a minimum of five founders who will fully subscribe to the capital. ( ) True False
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