Commerce

A manufacturer of goods that are seasonally demanded will be in dire need of a?

A. wealthy customer B. suitable means of transport C. warehouse D. large house frontage Correct Answer: Option B B. suitable…

6 years ago

An organization formed mainly by traders on the same line of business is known as?

A. trade union B. cooperative society C. trade association D. chamber of commerce Correct Answer: Option B B. cooperative society

6 years ago

A bank’s undertaking to pay an exporter on behalf of an importer is a?

A. documentary credit B. letter of credit C. letter of hypothecation D. bill of exchange Correct Answer: Option B B.…

6 years ago

Which of the following is an intangible asset of a firm?

A. Goodwill B. Reserve C. Skilled personnel D. Rights issue Correct Answer: Option C C. Skilled personnel

6 years ago

The nominal value of a share is same as its?

A. market value B. below par value C. above par value D. face value Correct Answer: Option D D. face…

6 years ago

The reserved capital is?

The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each. The Board…

6 years ago

The authorized share capital is?

The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each. The Board…

6 years ago

The form of trade practiced by the early men was characterized by?

A. exchange of goods for money B. efficient distribution system C. exchange of goods for goods D. organized warehousing Correct…

6 years ago

Which of the following is not suitable for fire purchase?

A. Textiles B. Furniture C. Refrigerators D. Printing machine Correct Answer: Option A A. Textiles

6 years ago

Which of the following encourages trade between regions?

A. Differences in currencies of countries B. Difference in national income of countries C. Existence of trade associations D. Differences…

6 years ago