Commerce

Which of the following involves the delivery of mails to a traveler without a fixed address?

A. Speedpost B. Reply paid C. Recorded delivery D. Post restante Correct Answer: Option D D. Post restante

6 years ago

If the charterer delayed the ship beyond the lay days, he is asked to pay?

A. dead freight B. demurrage C. lump sum D. freight Correct Answer: Option B B. demurrage

6 years ago

If a share is sold at a price below its face value, it is sold?

A. above par B. at a discount C. at par D. at premium Correct Answer: Option B B. at a…

6 years ago

Which of the following is not a feature of a self-service store?

A. it is found mainly in urban areas B. it offers steady employment opportunities C. Goods carry price tags D.…

6 years ago

Centralized buying and decentralized selling are features of?

A. cooperative wholesalers B. department stores C. mail-order business D. multiple stores Correct Answer: Option D D. multiple stores

6 years ago

A popular product priced low to attract a larger number of buyers to a shop is called?

A. loss leader B. capital good C. seasonal good D. price ring Correct Answer: Option A A. loss leader

6 years ago

Who is responsible for the payment of the bill in a documentary credit?

A. Exporter B. Importer C. Importer's bank D. Exporter's bank Correct Answer: Option B B. Importer

6 years ago

The content of a bill of lading does not include the?

A. name of the shipper B. date and place of shipment C. name and destination of the vessel D. demurrage…

6 years ago

Which of the following is a function of the small retailer?

A. Financing manufactures B. Warehouse of goods C. Branding of goods D. Selling to consumers Correct Answer: Option D D.…

6 years ago

Importing goods into a country re-exporting is know as?

A. home trade B. retail trade C. entrepot trade D. counter trade Correct Answer: Option C C. entrepot trade

6 years ago