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Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test MCQs With Answers
Question # 1
A person who sells goods of merchant to another person is called
Choose an answer
Retailer
Middleman
Agent
Wholesaler
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Question # 2
The broker agent gets for his services:
Choose an answer
Commission
Profit
Surplus commission
Brokerage
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Question # 3
Who does transfer the goods from manufacturer to consumer
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Retailer
Wholesaler
Middleman
None of these
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Question # 4
The agent appointed for the sale of goods
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Broker
Auctioneer
Factor
Underwriter
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Question # 5
Who does play an important role in the promotions of trade:
Choose an answer
Middleman
Wholesaler
Merchant middle
None of these
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Question # 6
A person who sells goods of merchant to another person is called:
Choose an answer
Retailer
Middleman
Agent
Wholesaler
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Question # 7
The agent who receives goods on the port instead of the owner
Choose an answer
Export agent
Warehouse keeper
Clearing agent
Broker
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Question # 8
An agent who can receive the payment from buyer
Choose an answer
Clearing agent
Export agent
Factor
Underwriter
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Question # 9
Main types of middleman are:
Choose an answer
Wholesaler and broker
Retailer and factor
Merchant middleman trader and middleman agent
Export and import trader
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Question # 10
The real or actual proprietor or owner of goods is:
Choose an answer
Export agent
Warehouse keeper
Clearing agent
Broker
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Question # 11
An agent who is responsible for the receipt of money besides selling goods
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Broker agent
Delcredere agent
Commission agent
Special agent
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Question # 12
An agent who is responsible for the receipt of money besides selling goods:
Choose an answer
Broker agent
Delcredere agent
Commissionagent
Specialagent
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Question # 13
An agentt means a person who:
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Buys goods from manufacturer
Buys and sells goods
Renders services to other organizations
Producers goods himself
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Question # 14
The remuneration of an agent is called
Choose an answer
Wages
Profit
Salary
Commission
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Question # 15
While selling the goods, anagent is:
Choose an answer
Bound to follow principal's instructions
Not bound to follow principal's instructions
Master of his own will
None of these
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