Question 1 of 20 2,221 total questions
It is often said that "the consumer is always right" This describes the doctrine of?
A consumer movement
B consumer sovereignty
C caveat emptor
D consensus ad idem
When all producers in an industry combine to advertise their product instead of each firm advertising its own brand, this is referred as?
A mass advertising
B competitive advertising
C persuasive advertising
D direct advertising
When all producers in an industry combine to advertise their product instead of each firm advertising its own brand, this is referred as?
A mass advertising
B competitive advertising
C persuasive advertising
D direct advertising
A retailer sells his product at "Buy-two-take three" The sales promotion method referred to is?
A free sample
B gift
C premium
D trade
A retailer sells his product at "Buy-two-take three" The sales promotion method referred to is?
A free sample
B gift
C premium
D trade
Which of the following does not belong to the group?
A Posters
B Window display
C Free samples
D Hoarding of goods
One disadvantage of of rail transport is?
A suitability for fragile goods
B obsence of pilferage
C vulnerability to severe weather
D inflexibility
A transporter who does not reject carrying lawful goods to destination is?
A tramp vessel
B ocean liner
C Common carrier
D private carrier
Which of the following provides a proof posting and that the item has got to the addressee?
A Certificate of posting
B Recorded delivery
C Registration latter
D Express letter
Who the following sells among securities in anticipation of a fall in price?
A Bear
B Stag
C Jobber
D Bull
If the insured has been fully indemnified, the insurers are entitled to take any advantage due the insured. The principle of insurance involved is?
A indemnity
B suborgation
C contribution
D insurable interest
Which of the following is taken type of insurance is taken against claims made by staff who get injured while at work?
A Fidelity guarantee insurance
B Consequential loss insurance
C Products' liability insurance
D Employers' liability company
The process of dealing with a cheque once it has been paid into the creditor's bank is?
A clearing
B accepting
C negotiating
D discounting
Quality discount is offered to persuade the buyer to?
A pay promptly
B defer payment
C pay a deposit
D buy more
Which of the following is used to inform the buyer that goods available for sale?
A Quotation
B Proforma
C Advice note
D Despatch book
Which of the following is used to inform the buyer that goods available for sale?
A Quotation
B Proforma
C Advice note
D Despatch book
Which of the following contains the complete information on goods available for sale?
A Invoice
B Delivery note
C Consignment note
D Catalogue
Which of the following contains the complete information on goods available for sale?
A Invoice
B Delivery note
C Consignment note
D Catalogue
Taxes imposed on locally made goods are known as?
A ad valorem
B import duties
C export drawback
D excise duties
A public limited liability company can be enter into contracts because it?
A has many employees
B has shareholders
C is legal entity
D is allowed to take out debentures
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