Question 1 of 20 150 total questions
When the price quoted includes all the cost to the actual destination, that is, from the seller’s warehouse to the buyer’s warehouse. it is called
A carriage
B carriage paid
C cash on delivery
D franco
E loco price
The relationship between a country’s visible imports and exports in a trading year is known as
A balance of payment
B balance of trade
C counter trade
D international trade
E terms of trade
The relationship between a country’s visible imports and exports in a trading year is known as
A balance of payment
B balance of trade
C counter trade
D international trade
E terms of trade
Prospectus in relation to a public limited inability company means
A a document for allocation of shares to the public
B a document stating the types or shares
C a document where the names of shareholders are written
D an invitation to the public to buy shares
E an invitation to the public to collect dividends
The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as
A brokerage
B commission
C contango
D interest
E jobbers turn
Banks issue cheque books to customers holding ......... accounts.
A current
B deposit
C fixed deposit
D foreign
E savings
Which of the following warehouse is generally found near a port?
A bonded warehouse
B distributor's warehouse
C manufacturer’s warehouse
D producer’s warehouse
E wholesaler’s warehouse
Which of the following is NOT an aim of advertising?
A creating a desire to purchase the goods
B arousing the interest of the public
C attracting the attention of the public
D inspiring public confidence in the goods
E reducing the cost of the goods produced
Which of the following classes of occupation would you place a doctor?
A Extractive
B Commerce
C Direct services
D Indirect services
Which of the following classes of occupation would you place a doctor?
A Extractive
B Commerce
C Direct services
D Indirect services
Which of the following is an agreement to transport goods but not a document of title?
A Air-way bill
B Bill of lading
C Charter party
D Freight note
Which of the following is not a right of the consumer?
A Safety
B Choice
C Discount
D Value
A counter-offer in a contract is regarded as?
A an acceptance
B an invitation to treat
C a rejection
D a consideration
Which of the following is not a requirement for a valid contract?
A Represention
B Consideration
C Interest
D Performance
Which of the following is not a means of consumer protection?
A Price control
B Sales Goods Act
C Trade Description act
D Tax laws
Which of the following is not a means of consumer protection?
A Price control
B Sales Goods Act
C Trade Description act
D Tax laws
Which of the following agent guarantees payment for transaction entered into on half the principal?
A Auctioneer
B Factor
C Broker
D Del creder
A contract of sale where ownership passes to the buyer on the first installment is known as?
A hire purchase
B lease
C cash on delivery
D credit sale
The deliberate and sustained efforts to maintain a good iamgr of a company is known as?
A personal relaxations
B public relations
C professional relations
D industrial relations
Which of the following is a method of sales promotion?
A Radio gingles
B Poster display
C Trade fair
D Television boardcast
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