A. tramps B. ocean liners C. container ships D. ferries Correct Answer: Option B - ocean liners
A. cum div. B. ex-div. C. at a discount D. at a premium Correct Answer: Option D - at a…
A. the name of the account holder is written between two parallel lines drawn across it B. it could be…
A. pay members salaries B. promote members' welfare C. provide loans to members D. provide employment for members Correct Answer:…
A. documentary credit B. consular invoice C. certificate of origin D. bill of lading Correct Answer: Option D - bill…
A. increase cash in the banking system B. raise revenue for commercial banks C. raise revenue for private investors D.…
A. established as a limited liability company B. Established by individuals or organizations C. Established to issue bank notes D.…
A. actuaries B. promoters C. speculators D. underwriters Correct Answer: Option C - speculators
A. indemnity B. contribution C. proximate cause D. uberrimae fidei Correct Answer: Option B - contribution
A. cash discount B. seasonal discount C. quantity discount D. trade discount Correct Answer: Option A - cash discount