Commerce

The document which is used when a country imposes ad valorem duties is?

A. bill of lading B. consular invoice C. certificate of origin D. open indent Correct Answer: Option B B. consular…

6 years ago

The satisfaction of customers in all business activities is emphasized?

A. market research B. marketing concept C. marketing mix D. product differentiation Correct Answer: Option B B. marketing concept

6 years ago

Who among the following generally has no capacity to enter into a valid contract?

A. School principals B. Infants C. Agents D. Religious ministers Correct Answer: Option B B. Infants

6 years ago

The document which specifies the manufacturer from whom goods are to be imported is?

A. closed indent B. open indent C. export invoice D. consignment note Correct Answer: Option A A. closed indent

6 years ago

The combination of product, price, promotion and distribution decisions employed by a company is referred to as?

A. pricing policy B. marketing mix C. product mix D. marketing concept Correct Answer: Option B B. marketing mix

6 years ago

The document which helps in ascertaining the correct value of imports in order to assess the custom duty is?

A. bill of lading B. consular invoice C. bill of sight D. ships manifest Correct Answer: Option D D. ships…

6 years ago

The buyer in a higher purchase contract becomes the legal owner of the goods by paying?

A. initial deposit B. the last installment C. half of the purchase price D. two-third of the purchase price Correct…

6 years ago

A ceiling on the quantity of commodity to be imported into the country is called?

A. ban B. tariff C. price limit D. quota Correct Answer: Option D D. quota

6 years ago

The difference between the cost price and selling price of an article is?

A. commission B. mark-up C. rebate D. discount Correct Answer: Option B B. mark-up

6 years ago

A percentage reduction from the quoted price of goods given to a buyer to encourage bulk purchase is called?

A. cash discount B. trade discount C. commission D. bonus Correct Answer: Option A A. cash discount

6 years ago