Question 1 of 20 4,313 total questions
The word “close-up” as used in toothpaste is a
A brand name
B Company’s name
C Company’s logo
D Patent right
E Symbol
The branches of Commerce include all the following EXCEPT
A advertising
B barbing
C trade
D transport
E warehousing
The government regulates business activities through the following measures EXCEPT
A copy right
B patents
C registration
D trade marks
E inspection
Shares issued to existing shareholders, without paying for them are referred to as ....... issue.
A allowance
B bonus
C extra
D right
E special
Which of the following forms of business unit requires a certificate of trading before commencing business?
A Partnership
B Public liability company
C Private liability company
D Public corporation
E Sole proprietorship
Advertising could be used to achieve all the following EXCEPT
A building primary demand
B creating brand loyalty
C creating employee loyalty
D enhancing turn-over
E increasing market share
The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.
A copyright
B fundamental right
C patent
D right to machine
E trade mark
A large rental organization with a number of sections selling different goods in the same building is called a ....
A chain store
B departmental store
C multiple shop
D self service shop
E Supermarket
When a business organization constructs schools and roads for the use of a community. such responsibility is
A commercial
B economical
C industrial
D political
E social
One of the barriers to foreign trade is the presence of
A difference in goods and services
B different means of transportation
C many society personnel
D tariffs on goods and services
E various means of production
Which of the following invites the general public to subscribe for its shares?
A Co-operative
B Private liability company
C Public corporation
D Public liability company
E Sole proprietorship
Which of the following does NOT relate to marine insurance?... policy
A Endowment
B Floating
C Time
D Valued
E Voyage
......is a letter sent to the suppliers requesting details of goods offered for sale
A An Invoice
B Letter of enquiry
C Purchase order
D Requisition
E Quotation
The reward for Labour as a factor of production is
A interest
B premium
C profit
D rent
E wage
The factor of production that combines others factors and bears the risks in production process is
A capital
B entrepreneur
C land
D labour
E wages
Who among the following is the last link in the chain of distribution?
A Consignor
B Consumer
C Producer
D Retailer
E Wholesaler
The agreement between an exporter and a ship owner to convey goods is known as
A charter party
B dock warrant
C marine policy
D shipping conference
E ships manifest
A cheque is not a legal tender because it is
A not mandatory to a creditor to accept it
B not negotiable
C transferable
D only a representation of money
E should be paid into a bank account
The reward of an agent working for a principal is a
A bonus
B commission
C dividend
D interest
E profit
Re-exporting imported goods to another country is known as ........ trade.
A barter
B counter
C entreport
D invisible
E visible
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