Correct Answer: D. seller has right to the next dividend

Correct Answer: D. number of surbodinates reporting directly to a supervisor

Correct Answer: A. Crossed cheque

Correct Answer: D. Ownership of goods passes to the customer on payment of a deposit

Correct Answer: D. nature of the goods

Explanation

Documents used in the formation of a company:

(a)Prospectus:

(i) It is an invitation to the public in writing to make an offer to buy shares.

(ii) It is used when dealing with new shares.

(iii) It contains company's history and future prospects.

(iv) It provides information about the rights of the shares.

(b)Memorandum of Association:

(1) It is a document that contains the rules that regulate the affairs of the company with the outside world.

(ii) It must be filed with the registrar of companies.

(iii)It contains:

(a) the name of the company with Plc/Ltd as the last word. Cumbersome, requiring a lot of documentation, e.g. memo and article of Association to secure incorporation. It is expensive and takes time to form. It is owned by shareholders through subscription of shares. Owners are separated from management of the business. Capital is raised through subscription of shares. The liability of each member is limited to the amount invested.

(b) where the registered office is located/address.

(c) the objects of the company/the purposes for which the company is set up.

(d) names of promoters/directors and the amount of capital contributed by each.

(e) the amount of authorized capital.

(c) Articles of Association:

(i) It is a document which regulates the structure and internal management of the company.

(ii) It states the rights of different classes of shareholders.

(iii) It states the rules/procedures of conducting meetings.

(iv) It regulates the issue of shares.

(v) It states the election, limitation and rights of Directors.

(vi) It states the borrowing powers of the company.

(vii) It must be filed with the registrar of company.

(d) Certificate of incorporation:

(i) It is a document issued by Registrar of company to the promoters after all documents have been found to be in order.

(ii) It signifies that the company has come into existence from that moment.

(iii) it establishes the company as a legal entity recognised by laws of the state, which can now sue and be sued.

(iv) It is the "birth certificate" of the company.

(e) Declaration:

(i) This is a statement in writing to the registrar of companies by the promoter.

(ii) It states that the requirement of the companies have been complied with.

(iii) It is a declaration that adequate capital has been raised.

(iv) The promoters are held liable for any false declaration.

(f) Trading Certificate:

(i) This is a document issued by the Registrar of companies.

(ii) It gives the public company the right to commence the business for which it was formed.

(iii) It lapses if a company does not start operation within 1 year of its issue.

Correct Answer: C. an insurance broker

Correct Answer: C. premium

Correct Answer: B. Granting trade discount

Correct Answer: B) Canoe

Explanation

The other options listed in the question are not commonly used in the riverine area. A bus is a land-based mode of transportation that is not suitable for navigating through rivers. A train is a type of transportation that operates on tracks and is not designed for river travel. A helicopter is an aircraft that can hover in the air and is not commonly used for transportation in the riverine area.

Therefore, the correct answer to this question is Option B: Canoe.

Using a canoe as a means of transport in the riverine area allows people to navigate through the waterways and reach their destinations. Canoes are often used by fishermen, traders, and residents in riverine communities to travel across rivers, transport goods, and access different parts of the area.

It is important to understand the most common means of transport in different regions to have a better understanding of the transportation systems and infrastructure in those areas. This knowledge can be useful for planning and decision-making related to transportation and logistics in riverine areas.

Remember, the most common means of transport in the riverine area is a canoe.