Commerce

The process of putting goods in attractive packets to arouse the interest of customers is?

A. collation B. wrapping C. branding D. packaging Correct Answer: Option B B. wrapping

6 years ago

The monopoly right granted to an inventor is a?

A. trademark B. brand name C. patent D. copyright Correct Answer: Option C C. patent

6 years ago

Who among the following is a middleman?

A. Manufacturer B. Agent C. Insurer D. Consumer Correct Answer: Option B B. Agent

6 years ago

The process of taking over the management and control of a privately owned business by government is?

A. indigenization B. nationalization C. participation D. privatization Correct Answer: Option B B. nationalization

6 years ago

It is safer and quicker to transport petrol and gas by?

A. rail B. road C. pipeline D. air Correct Answer: Option C C. pipeline

6 years ago

In a limited partnership, one of the members must be?

A. a general partner B. a nominal partner C. an active partner D. a dormant partner Correct Answer: Option A…

6 years ago

Demurrage is paid by a vessel for?

A. overloading B. travelling along unplanned route C. delaying at the port D. not using the services at the wharf…

6 years ago

The principle where many insurance companies join to compensate one policy holder is called?

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

6 years ago

A specialized market where stocks and shares are bought and sold is?

A. money market B. commodity exchange market C. perfect market D. stock exchange market Correct Answer: Option D D. stock…

6 years ago

The amount the assured receives if he decides to discontinue the life policy is known as?

A. refund value B. net value C. surrender value D. sum assured Correct Answer: Option C C. surrender value

6 years ago