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Pregunta 1 Informe
The creative management function which promotes trade and employment by assessing consumer needs and initiating research and development to meet them is known as
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Pregunta 2 Informe
An industry whose major actors consists of those engaged in sourcing raw materials from the earth surface is known as .... industry.
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Pregunta 3 Informe
A business person who contracts to sell shares in the expectation of a fall in price is a
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Pregunta 5 Informe
In international trade, ...... is used to show the exact country where the goods are imported.
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Pregunta 6 Informe
Kate insured her fancy store for losses arising from burglary. The store was later burnt down. Which insurance principle denied her compensation?
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Pregunta 10 Informe
Under utmost good faith as an insurance principle, a person must
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Pregunta 12 Informe
Who among the following assess goods on arrival at a port?
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Pregunta 13 Informe
The full amount of capital which a company is authorized to raise is stated in the
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Pregunta 14 Informe
A voluntary body formed by members of a particular branch of trade or industry to represent interest of members is known as
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Pregunta 15 Informe
Business transactions are usually based upon agreements known as
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Pregunta 17 Informe
The right to retain possession of property of another until certain legitimate demands are satisfied is known as
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Pregunta 18 Informe
The concept that the satisfaction of the consumer's wants is to be emphasized at all stages of production and distribution is known as consumer...........
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Pregunta 22 Informe
All these are instruments of consumer protection EXCEPT
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Pregunta 25 Informe
In limited liability company, the liability of a member at the time of liquidation is limited to the amount of shares.
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Pregunta 26 Informe
The excess value of all the assets of a business over the value of its liabilities is called
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Pregunta 27 Informe
In a private limited liability company shares can be transferred
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Pregunta 29 Informe
The insurance policy that specifically covers damage to structure or machinery of a ship is known as.......insurance.
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Pregunta 30 Informe
Which of the following documents shows a summary of a complete sale which the supplier sends to the buyer?
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Pregunta 33 Informe
When manufacturers sell directly to consumers they have eliminated
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Pregunta 37 Informe
A 'duty bill' is used to indicate whether the goods arriving a port are........
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Pregunta 38 Informe
The services offered by the following people .could be grouped under direct services. EXCEPT
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Pregunta 40 Informe
Which of the following is NOT a function of the central bank?
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Pregunta 41 Informe
The organisation of petroleum exporting countries (OPEC) is an example of a/n......
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Pregunta 43 Informe
One way of restricting the quantity of goods which may be imported into a country is by
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Pregunta 44 Informe
Which of the following is NOT part of the documents to be submitted for the registration of companies?
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Pregunta 45 Informe
Which of the following is NOT an importance of warehousing?
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Pregunta 47 Informe
At an auction sale, an auctioneer acts as a/an..........
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