Commerce

Which of the following is sent by a supplier who does not want to sell on credit?

A. Pro forma invoice B. Consular invoice C. Quotation D. Advice note Correct Answer: Option A A. Pro forma invoice

6 years ago

Which of the following occupations come under the extractive industry?

i. Cattle-rearing, lumbering, farming ii. Mining, quarrying, hunting iii.Shipbuilding, road construction, iron bending iv. Singing, dancing, barbing A. i, ii…

6 years ago

A person who invented the new machine for making beverages may protect his exclusive right by?

A. labelling the product B. obtaining a patent C. choosing a name for the product D. obtaining a trademark Correct…

6 years ago

Which of the following mode of transport involves the use of tramps?

A. Land transport B. Sea transport C. Air transport D. Pipeline Correct Answer: Option B B. Sea transport

6 years ago

Which of the following ancillary services makes it possible for goods to be where they are required?

A. Communication B. Banking C. Transportation D. Insurance Correct Answer: Option C C. Transportation

6 years ago

A firm on the stock exchange which agrees to buy shares not bought after a public offer is?

A. a broker B. a stag C. a jobber D. an underwriter Correct Answer: Option C C. a jobber

6 years ago

Which of the following is not a function of a retailer?

A. Providing after-sales services B. Stocking variety of goods C. Selling in small unites to the consumers D. Financing manufacturers…

6 years ago

The publication of facts from a firm’s product is called?

A. merchandizing B. exhibition C. feature articles D. mass advertising Correct Answer: Option B B. exhibition

6 years ago

Which of the following is not contained in a deed of partnership?

A. Names and addresses of partners B. Ratio for sharing profits and losses C. Investment of each partner D. Rate…

6 years ago

The practice of selling the product below the cost price to attract customers to a shop is known as?

A. hedging B. loss leader C. skimming D. under-invoicing Correct Answer: Option A A. hedging

6 years ago