SA GDP Would Exclude Which of the Following

question 61

Multiple Choice

SA GDP would exclude which of the following?

• A)Lawyer services purchased by a homebuyer.
• B)The purchase of a new Nissan produced in SA.
• C)Copper purchased by a pipe manufacturer in SA.
• D)The purchase of a new computer produced in SA.
• E)Lawn care services purchased by a SA homeowner.

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Definitions:

Certificate Of Incorporation

An official document issued by a government authority that establishes a corporation's legal existence.

Corporate Charter

A legal document establishing a corporation and outlining its structure, governance, and purpose, issued by a governmental authority.

Legal Existence

The state of being recognized by law as a legal entity capable of rights and obligations.

Closely Held

Describes a company or corporation that has a small group of shareholders, with shares that are not publicly traded on the stock market.