Correct Answer: C. labour

Correct Answer: D) Public limited Company

Explanation

A co-operative society is an organization where individuals voluntarily come together to meet their common economic, social, and cultural needs. Similar to partnerships, co-operative societies cannot quote their shares on the stock exchange because they are not separate legal entities.

A sole proprietorship is a business owned and operated by a single individual. Like partnerships and co-operative societies, sole proprietorships cannot quote their shares on the stock exchange because they are not considered separate legal entities.

On the other hand, a public limited company is a type of business organization that can quote its shares on the stock exchange. Public limited companies are separate legal entities from their owners and can sell their shares to the public. This means that anyone can buy and sell shares of a public limited company on the stock exchange.

Therefore, the correct answer is Option D: Public limited Company.

To learn more about this, please read the relevant sections of the recommended textbooks.

Correct Answer: B. Merchandizing

Correct Answer: B. provision of after - sales services

Correct Answer: C. social responsibility

Correct Answer: B. a direct service worker

Correct Answer: B. bank overdraft

Correct Answer: B. Bill of exchange

Correct Answer: A) Insurable interest

Explanation

The correct answer is Option A: Insurable interest.

Insurable interest is a fundamental principle in insurance that states that in order to claim compensation, a person must have a financial interest in the subject matter of the insurance policy. In other words, they must stand to suffer a financial loss if the insured event occurs. If a person does not have insurable interest, they cannot claim compensation because they do not have a legitimate financial stake in the matter.

The other options listed, Indemnity, Proximate cause, and Utmost good faith, are all important principles in insurance but they do not prevent someone from claiming compensation.

Indemnity refers to the principle that insurance policies should only compensate for the actual financial loss suffered, and not provide a profit. Proximate cause refers to the cause that is closest in time and space to the loss or damage. Utmost good faith refers to the principle that both the insurer and the insured must disclose all relevant information honestly and accurately when entering into an insurance contract.

To summarize, insurable interest is the insurance principle that prevents someone from claiming compensation if they do not have a financial interest in the subject matter of the insurance policy. The other principles listed in the options do not prevent someone from claiming compensation, but they are important concepts in insurance

Explanation

(a) Capital is man-made wealth that is used for the production of more wealth. It exists in form of tools, equipment, machinery, factories, vehicles, etc, which are used for production.

(b)Types of Capital are:

(i) Authorised: This is the amount of money that the company is empowered to raise for its business as stated in its Memorandum of Association. It is known as nominal or registered capital.

(ii) Issued capital: This is the total amount of shares which is actually issued for subscription to members of the public.

(iii) Paid-up capital: This is the actual amount of capital that shareholders have paid to the company.

(iv) Called up capital: I his is the amount of money called up on the shares that have been subscribed. It is that portion of the issued capital for which shareholders have been asked to make Payment.

(v) Capital owned: Capital owned is the excess value of the assets of a business over the value of its liabilities.

(vi) Capital employed: Capital employed is the total assets of the business, both fixed and current.

(vii) Liquid capital: Liquid capital is also known as circulating capital. It is made up of cash in hand, cash at bank and any other assets (debts) which can be converted into cash.