TRUE FALSE CHAPTER C

Business conditions are only set to increase profits for companies in the logistics sector.

• True

• False

Business entities only refer to profit-making companies.

• True

• False

The charter capital of a company represents the total value of assets contributed or promised by members when establishing a limited liability company or partnership.

• True

• False

Legal capital is the minimum amount of money that companies operating in specific industries must meet.

• True

• False

A merchant is an individual or organization that conducts commercial activities occasionally and does not need to register a business.

• True

• False

Corporate accounting is only necessary for large logistics companies and is optional for small companies.

• True

• False

A logistics company does not need a professional certification, regardless of the specific field in which it operates.

• True

• False

In Vietnam, a private enterprise is a type of business where a single individual has unlimited liability.

• True

• False

A joint stock company is a business entity in which ownership is divided into shares, and the liability of shareholders is limited to the number of shares they own.

• True

• False

Cooperatives are organizations aimed at benefiting a single owner, usually for profit.

• True

• False