Commerce

If a share is quoted ex-div, it means the new buyer would?

A. get the next dividend B. not get the next dividend C. get a fixed dividend D. not get any…

6 years ago

Voyage policy insurance is associated with?

A. fire B. life C. marine D. burglary Correct Answer: Option C C. marine

6 years ago

An insurance principle that prevents a person from insuring what he does not stand to lose financially if the insured risk occurs is?

A. indemnity B. insurable interest C. proximate cause D. subrogation Correct Answer: Option B B. insurable interest

6 years ago

A person who earns extra commission for guaranteeing debts is a?

A. factor B. broker C. commission agent D. del-credere agent Correct Answer: Option D D. del-credere agent

6 years ago

Which of the following will be suitable for hire purchase sale?

A. Shares B. Refrigerator C. Shoes D. Textile Correct Answer: Option B B. Refrigerator

6 years ago

Carriage forward on an invoice means?

A. carriage will be paid next time B. carriage will be paid by seller C. carriage will be paid by…

6 years ago

A document used as a polite way of refusing credit is?

A. advice note B. quotation C. proforma invoice D. invoice Correct Answer: Option C C. proforma invoice

6 years ago

An advertising campaign designed to sell one’s own products at the expense of other brands is?

A. competitive B. persuasive C. direct D. informative Correct Answer: Option A A. competitive Explanation Competitive advertising is an effort…

6 years ago

The place where bankers meet daily to exchange cheques drawn on each other is known as?

A. capital market B. money market C. clearing house D. discount houses Correct Answer: Option C C. clearing house Explanation…

6 years ago

When a ship overstays the allowed number of days at the port, it is made to pay?

A. interest B. tariff C. demurrage D. commission Correct Answer: Option A Explanation Demurrage is a charge payable to the…

6 years ago