Commerce

A transporter who does not reject carrying lawful goods to destination is?

A. tramp vessel B. ocean liner C. common carrier D. private carrier Correct Answer: Option C C. common carrier

6 years ago

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 Correct Answer: Option B B. Recorded delivery

6 years ago

Who the following sells among securities in anticipation of a fall in price?

A. Bear B. Stag C. Jobber D. Bull Correct Answer: Option A A. Bear

6 years ago

If the insured has been fully indemnified, the insurers are entitled to take any advantage due to the insured. The principle of insurance involved is?

A. indemnity B. subrogation C. contribution D. insurable interest Correct Answer: Option B B. subrogation

6 years ago

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 Correct Answer: Option D…

6 years ago

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 Correct Answer: Option A A. clearing

6 years ago

Quality discount is offered to persuade the buyer to?

A. pay promptly B. defer payment C. pay a deposit D. buy more Correct Answer: Option D D. buy more

6 years ago

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 Correct Answer: Option C C. Advice note

6 years ago

Which of the following contains the complete information on goods available for sale?

A. Invoice B. Delivery note C. Consignment note D. Catalogue Correct Answer: Option D D. Catalogue

6 years ago

Taxes imposed on locally made goods are known as?

A. ad valorem B. import duties C. export drawback D. excise duties Correct Answer: Option D D. excise duties

6 years ago