Commerce

The total value of fixed and current assets is?

A. working capital B. capital employed C. fixed capital D. capital owned Correct Answer: Option B B. capital employed

6 years ago

The coming together of two or more firms at different stages of production is?

A. horizontal merger B. vertical merger C. amalgamation D. cartel Correct Answer: Option C C. amalgamation

6 years ago

Which of the following is not a source of finance to a sole proprietor?

A. Trade Credit B. Overdrafts C. Debentures D. Leasing of equipment Correct Answer: Option D D. Leasing of equipment

6 years ago

Which of the following can be defined as trade and aids to trade?

A. Advertising B. Commerce C. Wholesaling D. Retailing Correct Answer: Option B B. Commerce

6 years ago

Which of the following is a means of payment to persons abroad through the post office?

A. Postal order B. Cheque C. bank draft D. Telegraphic money order Correct Answer: Option D D. Telegraphic money order

6 years ago

The law by which the seller transfers the property in goods to the buyer at an agreed price is the?

A. Hire purchase Act B. Trade Description Act C. Foods and Drugs Act D. Sale of Good Act Correct Answer:…

6 years ago

A speculator on the stock exchange market who sells securities for the fear of a fall in their prices is called?

A. a bull B. a bear C. a stag D. an underwriter Correct Answer: Option B B. a bear

6 years ago

The exchange of goods for goods in foreign trade is known as?

A. visible trade B. smuggling C. counter trade D. entrepot trade Correct Answer: Option C C. counter trade

6 years ago

The greatest advantage of air transport over all other means of transport is it’s?

A. comfort B. safety C. speed D. flexibility Correct Answer: Option C C. speed

6 years ago

Product pricing, distribution and promotions are elements of?

A. marketing mix B. marketing research C. sales promotion D. product orientation Correct Answer: Option A A. marketing mix

6 years ago