Commerce

Which of the following conditions may make the manufacturer sell directly to the consumer?

A. brake in communication B. Inaccessibility of the wholesaler's warehouse C. The nature of the commodity involved D. inadequate transport…

5 years ago

Which of the following is not an obligation of a common carrier?

A. Carrying goods securely and safely B. Liability for losses and damages C. Delivery of goods at appropriate places D.…

5 years ago

Buying and selling of goods and services within the geographical areas of a country is called?

A. entrepot trade B. external trade C. domestic trade D. regional trade E. import trade Correct Answer: Option C -…

5 years ago

The factor of production which is described as wealth set aside for the the production of further wealth is called?

A. entrepreneur B. land C. capital D. goodwill E. labour Correct Answer: Option C - capital

5 years ago

Pure profits is the elements of the paid?

A. for land B. for capital C. a manager D. to an entrepreneur E. for labour Correct Answer: Option D…

5 years ago

Which of the following is gilt-edge security?

A. Government bonds and stocks B. Gold mine stocks C. Company shares and stocks D. Life insurance policy E. Bank…

5 years ago

The part of business capital with which capital that does not change its form in the process of production is known as?

A. circulating capital B. nominal capital C. liquid capital D. fixed capital E. working capital Correct Answer: Option D -…

5 years ago

The amount of new capitals with which a new company proposes to be registered is called?

A. called-up capital B. nominal capital C. fixed capital D. issued capital E. circulating capital Correct Answer: Option B -…

5 years ago

A deficit in balance of trade occurs when?

A. visible exports exceed invisible imports B. total payments exceed visible exports C. visible imports exceed visible exports D. invisible…

5 years ago

Most payments in international trade are made by means of?

A. cash B. bills of lading C. personal cheques D. letters of credit E. traveler's cheques Correct Answer: Option D…

5 years ago