Question 1 of 20 4,313 total questions
A contract for the sale of goods involved the?
A producer, seller and the buyer of goods
B offering of goods to customers
C transfering of the title to goods for money
D exchange of goods
A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?
A public liability company
B joint venture company
C limited company
D registered company
An important principle of a good organization structure is
A ideal standard
B span control
C clarity of mission
D adequacy resources
A wholesaler who possesses the title of goods he sells is known as?
A a merchant wholesaler
B a multiple wholesaler
C a general wholesaler
D an agent wholesaler
The organizational structure that relates the positions of specialist to the line mangers is called?
A line structure
B staff structure
C line and staff structure
D functional structure
Given: i. Retail ii. Export iii Transport iv. Import V. Insurance Vi. Banking and finance Vii. Wholesale Viii Communication.
A i, ii, iii and Viii
B iii, V, Vi and Viii
C i, ii, iii and Vi
D ii, V,Vi, and Vii
The document issued by the seller which gives detail of the goods he sells is known as?
A catalogue
B tender
C price list
D invoice
A bill of exchange already accepted can be discounted by the holder in?
A the central bank
B at least two banks
C his bank
D any bank
A retail cooperative society aims at?
A hoarding manufactured goods
B cutting off the profit of the middlemen
C lending money to members at a low interest rates
D encouraging members to save money
The Stock Exchange is a market where?
A long-term securities are sold
B all types of securities are sold
C short-term securities are sold
D medium-term securities are sold
Debentures differ from shares in that
A they are secured on the company's assets
B ownership is open to the public
C they form part of the capital of the business
D rewards are usually paid out of profits
The bulls and bears in the Stock Exchange market help to minimize
A the number of shares and bonds sold
B price increases of securities
C fluctuations in the prices os securities
D the elasticity of the prices of securities
The temporary insurance certificate issued to the insured before drawing up a policy is a?
A cover note
B testimonial
C time policy
D proposal form
The mode of transporting crude oil to the ports for export purposes is by
A tanker
B rail
C road
D pipeline
The type of computer commonly found in office is?
A laptop
B desktop
C the hybrid computer
D the mainframe computer
Which of the following is used to inform the addressee that a registered parcel is ready for collection?
A Express label
B Counterfoil
C Telegram
D Slip
The unit through which result of a processed data are displayed is the?
A logic unit
B display unit
C control unit
D output unit
Which of these insurance principles requires a close connection between the actual loss suffered and the risk insured?
A indemnity
B proximate cause
C Contribution
D Subrogation
the machine used for sending telex messages is known as a?
A radar
B fax machine
C dictaphone
D teleprinter
Under the endowment policy, the money handed over to the insured at the expiration of the stipulated time or at death is the?
A indemnity
B surrender value
C lump sum benefit
D insurance premium
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