Question # 1

The broker agent gets for his services

Choose an answer

Commission

Profit

Surplus commission

Brokerage

An agent who cannot get the possession of goods from principal is:

Choose an answer

Factor

Commission agent

Broker

None of these

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

Choose an answer

Export agent

Warehouse keeper

Clearing agent

Broker

The persons who sell their purchased goods are called:

Choose an answer

Merchant middleman

Middlemanagents

Both (a) and (b)

Factor

Creates link between the manufacturer and consumer:

Choose an answer

Retailers

Wholesalers

Agents

Middlemen

An agent who sells goods only for a specific organization is called

Choose an answer

Common agent

Travelling agent

Special agent

None of these

The agent appointed for the sale of goods

Choose an answer

Broker

Auctioneer

Factor

Underwriter

A person who sells goods of merchant to another person is called

Choose an answer

Retailer

Middleman

Agent

Wholesaler

The remuneration of an agent is called

Choose an answer

Wages

Profit

Salary

Commission

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

Choose an answer

Broker agent

Delcredere agent

Commissionagent

Specialagent

Middlemen means those person who

Choose an answer

Buy goods from the retailer

Buy goods from the wholesaler

Help in transferring goods from producer to consumer

But items from manufacturer

An agent who can receive the payment from buyer

Choose an answer

Clearing agent

Export agent

Factor

Underwriter

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

Choose an answer

Export agnet

Import agent

Forwarding agent

Clearing agent

A person who sells goods of merchant to another person is called:

Choose an answer

Retailer

Middleman

Agent

Wholesaler

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

Choose an answer

Clearing agent

Underwriter

Forwarding agent

Auctioneer

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer