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The concept that refers to the sale, transfer or exchange of goods and services is
Insurance against burglary is an example of
The government agency involved in issuing of export licences is
A business organization that exploits the capabilities of a member to remedy the weakness of another is a
One of the functions of a retailer is the
An agreement that is enforceable in law is
The process of converting a non-profit making organisation to a profit-making business is
A bill of exchange already accepted can be discounted by the holder in
Which of the following attracts only interest but leaves the capital unpaid?
One disadvantages of advertising is that it
The principle which requires the insurance company to disclose to the proposer all material facts of the risk to be covered is
A factor necessary for siting of a warehouse is nearness to
I. Its unlimited nature
II. The number of partners
III. The withdrawal of a major of partner
IV. The bearing of risk
Which of these is both merit and demerit in partnership?
An individual that links the producer with the retailer is
The activity which entails buying of goods in bulk and selling in small quantities to retailers is
Which of the following legislation aims primarily at the protection of consumers?
Parts payments made on alloted shares by subscribers is usually the
The type of letters that are delivered through the normal mail or by airmail express service is referred to as
A major objective of all business resources is
The document that explains the types of shares available for sale to the public is