Commerce

Unlimited liability in business implies that the?

A. risk of the owner is limited only to the amount invested B. debts are paid with subventions C. property…

6 years ago

Which of the following is not a disadvantage of a one-man business?

A. Unlimited liability owner B. Life of business limited to life of owner C. Personal control of business D. Difficulty…

6 years ago

The provision of adequate number of berths by which ships can load and off-load is the function of the?

A. Department of Customs and Excise B. Ports Authority C. Shipping and Forwarding Agent D. National Shipping Line Correct Answer:…

6 years ago

Mobile shopping involves selling?

A. from motor van B. at a particular spot in the city C. in multiple shops only D. from a…

6 years ago

In which of the following are members entitled to one vote, irrespective of the number of shares held?

A. Public corporation B. Partnership C. Limited company D. Co-operative society Correct Answer: Option D D. Co-operative society

6 years ago

The practice whereby customers purchase goods without being attended to by shop assistants is?

A. presales service B. after-sales service C. self-service D. impulse buying Correct Answer: Option C C. self-service

6 years ago

The document of title to goods being shipped abroad is known as?

A. consignment note B. ships manifest C. bill of entry D. bill of lading Correct Answer: Option D D. bill…

6 years ago

Which of the following is an advertising function?

A. Packaging B. Persuading C. Grading D. Segmenting Correct Answer: Option B B. Persuading

6 years ago

Which of the following is a more suitable medium for advertising a new tractor?

A. Radio B. Poster C. Neon sign D. Trade fair Correct Answer: Option D D. Trade fair

6 years ago

The enterprise whose main objective is to provide the public with essential services is known as?

A. cooperative society B. partnership C. private company D. public corporation Correct Answer: Option D D. public corporation

6 years ago