Economics Diploma 1 Cat 2 Question Paper

Economics Diploma 1 Cat 2

Course:Diploma In Human Resource Management (Human Resource Management)

Institution: Machakos University question papers

Exam Year:2010

Instructions: Answer all the questions.

1. Distinguish between the following:(8 Marks)
(a) Nominal partner and financing partner
(b) Ordinary partnership and limited partnership
(c) Private limited company and public limited company
(d) Certificate of incorporation and trading license

2. State 5 circumstances under which a partnership may be dissolved.(5 Marks)

3. Debentures and shares differ in various ways, state any four differences.(4 Marks)

4. Explain three features of a commodity to function as money. (6 Marks)

5.Differentiate: Memorandum of association and Article of association as used in companies. (3 Marks)

6. Explain any two principles/characteristics of co-operative societies in Kenya.(4 Marks)

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