11th gseb spcc mcq ch - 56 both

1. About what does the writer say in the beginning of an inquiry letter?

• a. Goods

• b. Business firm

• c. Advertisement

• d. Manager

2. A statement showing price and terms of business is known as _____________.

• a. Pricelist

• b. Quotation

• c. Catalogue

• d. Samples

3. Replies to inquiry serve as ______________

• a. the quality of goods

• b. the method of payments

• c. Advertisement

• d. sales representative

4. With reference to Business letters, letters of placing an order mean -

• a. Letters inquiring about goods

• b. Letters requesting to send goods

• c. Letters giving information about goods

• d. Letters executing goods

5. What type of contract does order letter become between a buyer and a sender?

• a. a. Informal agreement

• b. Oral agreement

• c. Written agreement

• d. Memorandum understanding

6. Articles of Association

• a. determines the objects of a company

• b. regulate the mutual relations among the company and its members

• c. determines the relations between a company and third party

• d. determines the relation between a company and Government

7. Which of the statement is incorrect in relation to Articles of Association?

• a. Rules relating to objectives

• b. Rules relating to share Instalments.

• c. Rules relating to Rights and duties of Board of Directors

• d. Rules regarding share transfer.

8. _______ is for the Internal Administration of a company.

• a. Memorandum of Association       

• b. Prospectus      

• c. Articles of Association       

• d. Company Secretary Act

9. Personality of a company is

• a. Eternal

• b. By registering necessary document with registrar of companies, it obtains legal identify. 

• c. given through shareholders

• d. given through Board of Directors.

10. Which of the following types of Articles of Association is applicable to a Company with Unlimited Liability and not having a Share Capital?

• a. Table I

• b. Table H

• c. Table F   

• d. Table J