Commerce

The board of directors of public enterprise is appointed by who?

A. Employees B. management C. government D. shareholders Correct Answer: Option D - shareholders Explanation In a stock corporation, non-executive…

5 years ago

A title; symbol; or design that distinguishes a company is called?

A. Brand name B. Trademark C. copyright D. Patent right Correct Answer: Option B - Trademark Explanation A trademark, trade…

5 years ago

The duties paid on goods produced locally is?

A. Ad-valorem duty B. excise duty C. export duty D. quota Correct Answer: Option B - excise duty Explanation An…

5 years ago

The Central Bank Monetary policy instrument by which it buys and sells securities is called?

A. Bank rate B. Cash reserve ratio C. Open market operation D. Bank credit Correct Answer: Option C - Open…

5 years ago

One of the disadvantages of rail transport is?

A. It is not flexible B. It carries bulky goods C. It works at intervals D. Cost of transportation is…

5 years ago

From which of the following sources can partnership increase their capital?

A. Sales of shares B. Admission of new partners C. Discharge of mortgage D. Grants from relatives Correct Answer: Option…

5 years ago

One of these is a current asset?

A. Fittings B. Machineries C. Motor vehicles D. stock Correct Answer: Option D - stock Explanation Current assets is a…

5 years ago

Which of the following functions is not performed by warehousing?

A. Stabilization of price B. production ahead of demand C. creating scarcity of goods D. storage of goods Correct Answer:…

5 years ago

What is a Quota?

A. Tax pad on goods produced within a country B. A physical restriction placed on quantity of goods that can…

5 years ago

In the law of contact; a counter offer operates as?

A. A contact B. an acceptance C. a rejection D. a rejection Correct Answer: Option D - a rejection Explanation…

5 years ago