Commerce

For overstaying in a port, a ship is charged a fine called?

A. dock due B. commission C. interest D. demurrage Correct Answer: Option D D. demurrage

6 years ago

A ship that travels without a schedule is called a?

A. passenger liner B. tramp C. cargo liner D. tanker Correct Answer: Option B B. tramp

6 years ago

Which of the following is a source of capital to a sole proprietorship?

A. Loans from friends B. Admission of new member C. Issue of shares D. Issue of debentures Correct Answer: Option…

6 years ago

The mode of conveying liquids and gases through an underground channel is?

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

6 years ago

The letters R/D on a cheque shows that the cheque is?

A. paid B. dishonoured C. certified D. accepted Correct Answer: Option B B. dishonoured

6 years ago

The tax paid on goods produced within a country is known as?

A. import duty B. excise duty C. ad valorem duty D. customs draw back Correct Answer: Option B B. excise…

6 years ago

A document through which the public is invited to subscribe to the shares of a company is a?

A. Memorandum of Association B. Article of Association C. Prospectus D. Debenture Correct Answer: Option C C. Prospectus

6 years ago

Which of the following requires a certificate of trading to start business?

A. Public corporation B. Public limited company C. Cooperative society D. Private limited company Correct Answer: Option B B. Public…

6 years ago

Establishing and maintaining mutual understanding between an organization and its customers is known as?

A. marketing concept B. advertising C. public relations D. sales promotion Correct Answer: Option C C. public relations

6 years ago

If a country devalues its currency, there would be?

A. reduction in imports B. reduction in exports C. increase in production locally D. increase in local standard living Correct…

6 years ago