A. abandonment B. subrogation C. proximate cause D. contribution Correct Answer: Option B B. subrogation
A. annuity B. endowment C. whole life D. fidelity guarantee Correct Answer: Option A A. annuity
A. Business advice B. Currency notes issue C. Accepting deposits D. Credit transfer Correct Answer: Option B B. Currency notes…
A. Merchant bank B. Development bank C. Mortgage bank D. Commercial bank Correct Answer: Option C C. Mortgage bank
A. Standing Order B. Promissory note C. Money order D. Telegraphic transfer Correct Answer: Option C C. Money order
A. drawee and the payee B. drawer and the payee C. drawee and the drawer D. drawer and the payee…
A. Commodity Board B. Insurance company C. Clearing house D. stock exchange Correct Answer: Option A A. Commodity Board
A. seven days of grace B. five days of grace C. four days of grace D. three days of grace…
A. Cash account B. Trader discount C. Seasonal discount D. Cash on discount Correct Answer: Option B B. Trader discount
A. an invoice B. a cheque C. a delivery note D. a debit note Correct Answer: Option A A. an…