Question # 1

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

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Factor

Commission agent

Broker

None of these

Who does transfer the goods from manufacturer to consumer

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Retailer

Wholesaler

Middleman

None of these

Generally vowel letters help in

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Filing

Horizontal filing

Indexing

All are wrong

A retailer generally buys goods from the

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Government

Wholesaler

Industrialist

All the above

In home trade, the traders are related from

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One city

Two different cities of one country

Two different provinces of one country

All of the above

Not included in communication machines:

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Telephone

Dictation machines

Tele-printer

Folding machines

The wholesaler makes it easy for:

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Retailer

Manufacturers

Retailer and manufacturer

None of these

The sum of marine insurance is not paid

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If the ship changes direction

If the ship is not capable of the voyage

Trade is unnecessary

All these three

Factor are the

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Customers of business

Servants of business

Debtors of business

Person who take responsibility of receiving money from debtors

The person who makes arrangements for the departure of goods:

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Forwarding agent

Clearing agnet

Commission agent

Underwritter

In case of emergency, foreign trade makes the supply of goods:

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Easy

Difficult

Unimportant

Important

Which company can issue the shares to public:

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Chartered company

Public ltd. company

Private company

All the above

An agent means a person who

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Buys goods from manufacturer

Buys and sells goods

Renders services to other organizations

Produces goods himself

The minimum number of persons in a multimembers private company:

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Seven

Four

Two

Three

Due to office machines

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Saving of time and lobour

Convenience in work

Increase in efficiency

All of these

Not in home trade

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Tax saving

Foreign currency

Stability in price

Decrease in expenditures

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