Question # 1

If the trader does not want to get the goods himself, he issues to the officials

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Bill of entry

Bill of sight

Delivery order

Bill of lading

The minimum number of partnership in a partnership are

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Two

Four

Six

Ten

What is written on the bill of entry of goods:

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Quantity and price

Value of insurance

Quality and type

None of the above

How many types of copying machines

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3

4

5

6

The government issued Modaraba ordinance in:

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January 1980

January 1981

January 1979

January 1984

The voyage policy is taken for:

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Specific voyage

Specific centres

Specific person

Voyage of different countries

A word "private" is not used by:

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A statutory company

A public company

A chartered company

All the above

The person who provide finance / capital to company are known as:

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Directors

Promoters

Shareholders

None of these

If any business organization is considered as a body then office is its

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Capital

Heart

Brain

None of these

What are the capital sources of co-operative society

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Fee of members

By selling shares to members

Both a and b

National and international institutions

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

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Broker agent

Delcredere agent

Commissionagent

Specialagent

The shares of co-operative society:

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Can be sold market

Cannot be solid in market

Can be used as security

All are correct

The capital needed for a departmental store is:

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Less

More

Mechanical

None of the above

The agent appointed for the sale of goods:

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Broker

Auctioneer

Factor

Underwritter

Services of wholesaler many be classified in the following ______ groups

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Three

Four

Five

Six

Who provides capital in sole proprietorship:

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Sole owner

Bank

Workers

Relatives

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

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