Commerce

A company whose shares are not easily transferable is is a?

A. private limited company B. public limited company C. public corporation D. company limited by guarantee Correct Answer: Option A…

6 years ago

The selling of articles from place to place on foot is?

A. mail order B. itinerant trading C. barter D. self-service Correct Answer: Option B C. barter

6 years ago

One roof containing a number of shops is a?

A. tied shop B. mail-order firm C. department store D. chain store Correct Answer: Option B B. mail-order firm

6 years ago

The import of foreign-produced goods to be re-exported is known as?

A. domestic trade B. wholesale trade C. entrepot trade D. counter trade Correct Answer: Option C C. entrepot trade

6 years ago

Which of the following factors is not to be considered in starting a retail trade?

A. Size of the business B. Nature of the business C. Amount of capital required D. Level of tax payable…

6 years ago

Small scale retailers continue to survive in spite of serious competition from large scale retailers because they?

A. buy from many manufacturers B. maintain personal relationship with customers C. stock only one line of goods in their…

6 years ago

Which of the following describes the reason for international trade?

A. Balance of payment B. Comparative cost advantage C. Absolute cost advantage D. Balance of trade Correct Answer: Option B…

6 years ago

If a businessman wants to insure against dishonesty of the cashier, he will take?

A. burglary policy B. an employer's liability cover C. a fidelity guarantee cover D. a consequential loss policy Correct Answer:…

6 years ago

Which of the following can quote its shares on the stock exchange?

A. Partnership B. Sole-proprietorship C. Co-operative society D. Public limited company Correct Answer: Option D D. Public limited company

6 years ago

A bonded warehouse is a place for keeping?

A. contraband goods B. dutiable goods C. tax free goods D. smuggled goods Correct Answer: Option B B. dutiable goods

6 years ago