Which of the following is used only in international trade?
- A. Letter of inquiry
- B. Certificate of origin
- C. Pro-forma invoice
- D. Consignment note
The price quotation where the buyer uses his own means to collect goods from the producer’s warehouse is
- A. F.O.B
- B. ex-works
- C. F.A.S
- D. F.O.R
Which of the following groups of activities are commercial services
- A. Manufacturing, weaving and storing
- B. Vending, purchasing and banking
- C. Advertising, farming and harvesting
- D. Fishing, constructing and transporting
House builders belong to
- A. manufacturing industry
- B. constructive industry
- C. commercial occupation
- D. tertiary occupation
Labour and entrepreneur are examples of
- A. factors of production
- B. division of labour
- C. direct services
- D. primary production
The printing of catalogs is one of the costs associated with the operation of
- A. tied shops
- B. mobile shops
- C. mail order shops
- D. department stores
The printing of catalogs is one of the costs associated with the operation of
- A. tied shops
- B. mobile shops
- C. mail order shops
- D. department stores
Which of the following does not determine the size of a business unit
- A. the quality of its products
- B. the nature of the business
- C. the size of the market
- D. the size of capital
Which of the following does not determine the size of a business unit
- A. the quality of its products
- B. the nature of the business
- C. the size of the market
- D. the size of capital
The right that a debenture holder has on the earnings of a company is
- A. lien
- B. dividend
- C. interest
- D. rent
The right that a debenture holder has on the earnings of a company is
- A. lien
- B. dividend
- C. interest
- D. rent
A dormant partner is one who
- A. does not work hard
- B. lent his name to the business
- C. has limited liability
- D. does not partake in running the business
A dormant partner is one who
- A. does not work hard
- B. lent his name to the business
- C. has limited liability
- D. does not partake in running the business
A transporter who offers to carry goods for anyone at a fee is called
- A. a national carrier
- B. a common carrier
- C. a private carrier
- D. an independent carrier
A transporter who offers to carry goods for anyone at a fee is called
- A. a national carrier
- B. a common carrier
- C. a private carrier
- D. an independent carrier