11th class Principles of Commerce chapter 15 online mcq test with answers for I.Com part 1 Principles of Commerce chapter 15(Middlemen)

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

Sr. #	Questions	Answers Choice
1	Creates link between the manufacturer and consumer:	Retailers Wholesalers Agents Middlemen
2	Main types of middleman are:	Wholesaler and broker Retailer and factor Merchant middleman trader and middleman agent Export and import trader
3	Who does play an important role in the promotions of trade:	Middleman Wholesaler Merchant middle None of these
4	An agent who cannot get the possession of goods from principal is:	Factor Commission agent Broker None of these
5	While selling the goods, anagent is:	Bound to follow principal's instructions Not bound to follow principal's instructions Master of his own will None of these
6	The wholesaler and retailer are called:	Middleman (agents) Merchant middlemen Broker Factor
7	The persons who sell their purchased goods are called:	Merchant middleman Middlemanagents Both (a) and (b) Factor
8	Who does transfer the goods from manufacturer to consumer:	Retailer Wholesaler MIddleman None of these
9	An agent who is responsible for the receipt of money besides selling goods:	Broker agent Delcredere agent Commissionagent Specialagent
10	An agent who sells goods only for a specific organization is called:	Common agent Travelling agent Special agent Non of these
11	The real or actual proprietor or owner of goods is:	Export agent Warehouse keeper Clearing agent Broker
12	An agent who is helpful in the sale and purchase of shares:	Clearing agent Underwriter Forwarding agent Auctioneer
13	An agent appointed for sending goods to other countries is called:	Export agnet Import agent Forwarding agent Clearing agent
14	A person who sells goods of merchant to another person is called:	Retailer Middleman Agent Wholesaler
15	The broker agent gets for his services:	Commission Profit Surplus commission Brokerage

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