First Year Principles of Commerce Chapter 15 Online MCQ Test for 1st Year Principles of Commerce Chapter 15 (Middlemen)

This online test contains MCQs about following topics:

Introduction, definition and classification of middlemen . Rights & duties of an agent . Kinds of agents

ICOM Part 1 Commerce Ch. 15 Test
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MCQ's Test For Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test"

Try The MCQ's Test For Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test

00:00
Question # 1

An agent who is responsible for the receipt of money besides selling goods:

Question # 2

The agent who sells and buys goods of all kinds is called:

Question # 3

The real or actual proprietor or owner of goods is:

Question # 4

Middlemen means those persons who:

Question # 5

Who does transfer the goods from manufacturer to consumer:

Question # 6

The persons who sell their purchased goods are called:

Question # 7

An agent who is helpful in the sale and purchase of shares:

Question # 8

The broker agent gets for his services:

Question # 9

The real or actual proprietor or owner of goods is

Question # 10

An agent who can receive the payment from buyer

Question # 11

The agent who sells and buys goods of all kinds is called

Question # 12

The remuneration of an agent is called

Question # 13

The broker agent gets for his services

Question # 14

The agent who receives goods on the port instead of the owner

Question # 15

An agent appointed for sending goods to other countries is called:

Prepare Complete Set Wise Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test" MCQs Online With Answers


Topic Test

00:00
15th Chapter

11th Principles of Commerce Chapter 15 Test

Here you can prepare 11th Principles of Commerce English Medium Chapter 15 Middlemen Test. Click the button for 100% free full practice test.

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ICom Part 1 Principle of Commerce (English Medium) Chapter 15 Important MCQ's

Sr.# Question Answer
1 The real or actual proprietor or owner of goods is:
A. Export agent
B. Warehouse keeper
C. Clearing agent
D. Broker
2 Creates link between the manufacturer and consumer:
A. Retailers
B. Wholesalers
C. Agents
D. Middlemen
3 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
4 An agent appointed for sending goods to other countries is called:
A. Export agnet
B. Import agent
C. Forwarding agent
D. Clearing agent
5 Who does transfer the goods from manufacturer to consumer:
A. Retailer
B. Wholesaler
C. MIddleman
D. None of these
6 The agent who receives goods on the port instead of the owner
A. Export agent
B. Warehouse keeper
C. Clearing agent
D. Broker
7 An agent means a person who
A. Buys goods from manufacturer
B. Buys and sells goods
C. Renders services to other organizations
D. Produces goods himself
8 The broker agent gets for his services:
A. Commission
B. Profit
C. Surplus commission
D. Brokerage
9 Who does play an important role in the promotions of trade:
A. Middleman
B. Wholesaler
C. Merchant middle
D. None of these
10 An agent who can receive the payment from buyer
A. Clearing agent
B. Export agent
C. Factor
D. Underwriter

Test Questions

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