Which of the following was the chief means of transport during the Tran-Saharan Trade?
A. Motor lorries B. Horses C. Camels D. Aeroplanes E. Barges Correct Answer: Option C – Camels
Who is liable for the contact entered into by the agent on behalf of his principal? The
A. agent B. principal C. agent and the principal D. third party E. lawyer who drew up the agreement Correct Answer: Option B – principal
A document sent to a customer at regular price intervals to enable him know his indebtedness to his supplier is known as?
A. debit note B. invoice C. statement D. receipt E. consignment note Correct Answer: Option C – statementThat part of the money in circulation not backed by gold is known as?
A. exchange equalization fund B. fiduciary issue C. note and coins D. ordinary note issue E. fictitious assets Correct Answer: Option B – fiduciary issue
The system of parting with authority not responsibility is known as?
A. controlling B. planning C. delegating D. motivating E. coordinating Correct Answer: Option C – delegatingProducts
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