. Statement A: The Entrepreneurs must be able to manage every component of a business consistently.

Statement B: The Entrepreneurs must be able to manage only the operational aspects of a

business. Statement A is true and Statement B is falseStatement A and statement B both are false Statement B is true and Statement A is false Statement A and B both are true

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Which one of the following represents the form of business ownership in which partner is responsible for the amount they invested: General Partner Limited liability Company PartnershipLimited Partner

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57. Mr. Ali decides to start a corporation (large scale business). Which of the following advantages will he enjoy? All of these Obtain investment easily Raise capital by selling stockSurvive despite of change in ownership

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39. Khalfan A-Touqi received a purchase order of 300000 masks from the ministry of Health for N95 mask. However, the N95 manufacturer declined supplying less than one million masks. Hence, it put Khalfan in a trouble for importing the required quantity. Khalfan started searching masks from Dubai but the warehouses did not want to sell less than what Khalfan quoted. What type of challenges Khalfan is facing? All the available optionsDistribution challenges Hike in pricesImporting directly from the main manufacturer due to the small quantity order.

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24. Ms. khalood and Ms. Fatima starts a small business with less investment, gives employment for 10 people and has unlimited liability. Identify the type of ownership: Corporation Sole proprietorship LLC Partnership

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