Commerce

The fees charged on the postal order by the post office is?

A. interest B. brokerage C. poundage D. premium Correct Answer: Option C C. poundage

6 years ago

Which of the following functions is not performed by trade association?

A. research and development B. standardization of product C. credit facilities D. technical information Correct Answer: Option C C. credit…

6 years ago

The size of an enterprise is determined by?

A. number of customers of the enterprise B. length of the time the firm has been in operation C. amount…

6 years ago

An agreement that is enforceable in law is?

A. a contract B. an offer C. an acceptance D. a consideration Correct Answer: Option A A. a contract Explanation…

6 years ago

An insurance broker is involved in?

A. industrial occupation B. distributive occupation C. commercial occupation D. constructive occupation Correct Answer: Option C C. commercial occupation Explanation…

6 years ago

An organization formed mainly by traders and manufacturers to cater for the interest of members is?

A. trade union B. co-operative society C. trade association D. chamber of commerce Correct Answer: Option D D. chamber of…

6 years ago

A document that contains the relationship between the company and outsiders is?

A. certificate of incorporation B. memorandum of association C. article of association D. certificate of trading Correct Answer: Option B…

6 years ago

A partnership is dissolved due to?

A. liquidity of the firm B. death of the employee C. insanity of partner D. resignation of an employee Correct…

6 years ago

The water corporation is an example of a?

A. cooperative B. public enterprise C. private enterprise D. limited company Correct Answer: Option B B. public enterprise

6 years ago

The business unit that applies the principle of one man one vote is?

A. sole proprietorship B. partnership C. co-operative society D. public company Correct Answer: Option C C. co-operative society Explanation The…

6 years ago