Question # 1

When did the partnership business come into being

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1872

1880

1892

1902

Which company requires a certificate of commencement

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Public company

Private company

Chartered company

All the above

A joint stock company has the following characteristic:

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Delayed decisions

Payment of double tax

Limited liability of shareholders

All of the above

The company that insures is called:

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Insured

Acceptor

Proposer / Insurer

Business company

Warehousing for government is the source of:

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Income

Problem / tension

Debt

None of these

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

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Factor

Commission agent

Broker

None of these

The style of an official letter is

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Personal / private

Individual

Non-individual

All of these

Important types of means of transport are:

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Four

Three

Two

Five

How many characteristics of wholesaler in text book

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18

19

20

21

The broker agent gets for his services:

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Commission

Profit

Surplus commission

Brokerage

A business takes into account the following activities

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Economic

Non-economic

Social

None of these

According to work, the main types of machines:

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Two

Three

Four

Five

A retailer sells goods to

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Consumer

Wholesaler

Manufacturer

All the above

Commerce is the component of:

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Industry

Trade

Business

Government service

An office worker should have to his credit:

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Personal qualities

Physical qualities

Educational qualities

All of these

How many copies of bill of lading are prepared:

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Two

Three

Four

Five

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