| 1 |
An agent who cannot get the possession of goods from principal is: |
- A. Factor
- B. Commission agent
- C. Broker
- D. None of these
|
| 2 |
The real or actual proprietor or owner of goods is: |
- A. Export agent
- B. Warehouse keeper
- C. Clearing agent
- D. Broker
|
| 3 |
Creates link between the manufacturer and consumer: |
- A. Retailers
- B. Wholesalers
- C. Agents
- D. Middlemen
|
| 4 |
The wholesaler and retailer are called: |
- A. Middleman (agents)
- B. Merchant middlemen
- C. Broker
- D. Factor
|
| 5 |
An agentt means a person who: |
- A. Buys goods from manufacturer
- B. Buys and sells goods
- C. Renders services to other organizations
- D. Producers goods himself
|
| 6 |
The agent appointed for the sale of goods: |
- A. Broker
- B. Auctioneer
- C. Factor
- D. Underwritter
|
| 7 |
Middlemen means those person who |
- A. Buy goods from the retailer
- B. Buy goods from the wholesaler
- C. Help in transferring goods from producer to consumer
- D. But items from manufacturer
|
| 8 |
The broker agent gets for his services |
- A. Commission
- B. Profit
- C. Surplus commission
- D. Brokerage
|
| 9 |
An agent who sells goods only for a specific organization is called: |
- A. Common agent
- B. Travelling agent
- C. Special agent
- D. Non of these
|
| 10 |
The agent who receives goods on the port instead of the owner |
- A. Export agent
- B. Warehouse keeper
- C. Clearing agent
- D. Broker
|
