QUESTION 5 If All is not a partner in a General Partnership, but his name was included in the company name without his approval, then All would be: O a. Fully liable to the company's losses O b. Liable for only 50% of the company's losses c. Not liable for the company's losses Od. Considered a Limited Partner QUESTION 6 A worker who has completed one year of service shall, for each year of service, be entitled to an annual leave of not less than: a. 21 days a year b.2 days a month c. 30 days a year d. 3 days a month QUESTION 7 Limited Liability Company's name must include the names of the actual partners. ( ) True False QUESTION 8 The minimum amount of capital for a Public Joint Stock Company is: O a AED 5 million b. AED 15 million. C. AED 10 million. Od. AED 30 million
QUESTION 5 If All is not a partner in a General Partnership, but his name was included in the company name without his approval, then All would be: O a. Fully liable to the company's losses O b. Liable for only 50% of the company's losses c. Not liable for the company's losses Od. Considered a Limited Partner QUESTION 6 A worker who has completed one year of service shall, for each year of service, be entitled to an annual leave of not less than: a. 21 days a year b.2 days a month c. 30 days a year d. 3 days a month QUESTION 7 Limited Liability Company's name must include the names of the actual partners. ( ) True False QUESTION 8 The minimum amount of capital for a Public Joint Stock Company is: O a AED 5 million b. AED 15 million. C. AED 10 million. Od. AED 30 million
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.9AP
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