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Define following terms. 1. Unlimited liability 2. Common Seal 3. Share and share holders 4. Personal contact 5. Authority and Management 6. Flexibility of business 7. ROC and ROF?
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Define following terms. 1. Unlimited liability 2. Common Seal 3. Share...
Unlimited liability means liability of partner are unlimited for their capital contribution in the firm

common seal is the official signature of the company and each company shall have only one common seal
the capital of a company is divided into many small units that is called share and the person who purchase the share is called share holder
authority means power to take decision
management is a set of function planning organising staffing directing controlling to work done in efficient and effective manner
Registrar of company and Ring of Fire Enterprise
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Define following terms. 1. Unlimited liability 2. Common Seal 3. Share and share holders 4. Personal contact 5. Authority and Management 6. Flexibility of business 7. ROC and ROF?
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Define following terms. 1. Unlimited liability 2. Common Seal 3. Share and share holders 4. Personal contact 5. Authority and Management 6. Flexibility of business 7. ROC and ROF? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Define following terms. 1. Unlimited liability 2. Common Seal 3. Share and share holders 4. Personal contact 5. Authority and Management 6. Flexibility of business 7. ROC and ROF? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Define following terms. 1. Unlimited liability 2. Common Seal 3. Share and share holders 4. Personal contact 5. Authority and Management 6. Flexibility of business 7. ROC and ROF?.
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