Answer:
Following are the responses to the given question:
Explanation:
- In point a, it is false because the ownership of a stock owned by shareholders is directly adaptable by sale.
- In point b, it is false because the corporate bosses have no responsibility. A corporate company is an organization
- In point c, it is true because This company is going on a broad-based business. Its necessary capital is enormous but is obtained from three sources.
- In point d, it is true because the company money is calculated twice in normal conditions, except for where tax-deductible is declared for both the dividends in shareholders' hands.
- In point e, it is true because Its company's legality is distinct from those of its owners. That both companies, as well as the owner, are separate legal entities. Firms have a common seal as well as their titles.
- In point f, it is false because UNLIMITED was its life of corporates and the foundation of the 'Moving Concern' idea.
- In point g, it is true because the actual owner isn't a business agent. They're only the owner that gives money.
Answer:
The correct answers are letters "B" and "C": Market control by a few large firms; Either homogeneous or differentiated products.
Explanation:
An Oligopoly is when a small group of two or more companies dominates a market. Oligopoly firms may consent to <em>market collusion</em>, and <em>create barriers</em> to new trade entry. If the companies do not, they are likely to be forced to lower their prices and open the market to newer smaller companies.
The <em>ability to set prices, having homogeneous or distinctive products </em>and <em>price rigidity</em> are some other characteristics of oligopolies.
<u>Answer:</u>
<em>Entrepreneurship requires a risk taking ability as the business will be managed by an individual, Hence, not fit.</em>
<u>Explanation:</u>
Entrepreneurship is an economic activity that helps in minimises risk within the organisation. there's an individual who bear risk of the business known as entrepreneur.
He's an initiative person as a result of he takes initiative for his or her work. Entrepreneurship acts as organisation as a result of it conjointly helps in dividing the task in numerous tiny activities.
