| 1 |
Main types of middleman are: |
- A. Wholesaler and broker
- B. Retailer and factor
- C. Merchant middleman trader and middleman agent
- D. Export and import trader
|
| 2 |
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
|
| 3 |
An agent who cannot get the possession of goods from principal is: |
- A. Factor
- B. Commission agent
- C. Broker
- D. None of these
|
| 4 |
The agent who sells and buys goods of all kinds is called: |
- A. Commission agent
- B. Underwritter
- C. Broker
- D. Exporting agnet
|
| 5 |
An agent who sells goods only for a specific organization is called |
- A. Common agent
- B. Travelling agent
- C. Special agent
- D. None of these
|
| 6 |
Creates link between the manufacturer and consumer: |
- A. Retailers
- B. Wholesalers
- C. Agents
- D. Middlemen
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| 7 |
A person who sells goods of merchant to another person is called: |
- A. Retailer
- B. Middleman
- C. Agent
- D. Wholesaler
|
| 8 |
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
|
| 9 |
An agent who is responsible for the receipt of money besides selling goods |
- A. Broker agent
- B. Delcredere agent
- C. Commission agent
- D. Special agent
|
| 10 |
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
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