Which of these qualities guarantees the keeping of money for a long period?
- A. Acceptability
- B. Divisibility
- C. Durability
- D. Homogenity
Sole proprietorship is a form of business owned by
- A. an individual
- B. two or more persons
- C. a registered business subsidiary
- D. the government
Sole proprietorship is a form of business owned by
- A. an individual
- B. two or more persons
- C. a registered business subsidiary
- D. the government
Unlimited liability in business implies that the
- A. risk of the owner is limited only to the amount invested
- B. debts are paid with subventions
- C. property of the owners should not be used to secure loans
- D. owners private property can be used to settle the business debts
Unlimited liability in business implies that the
- A. risk of the owner is limited only to the amount invested
- B. debts are paid with subventions
- C. property of the owners should not be used to secure loans
- D. owners private property can be used to settle the business debts
Which of the following is not a disadvantage of a one-man business?
- A. Unlimited liability owner
- B. Life of business limited to life of owner
- C. Personal control of business
- D. Difficulty in raising additional capital
Which of the following is not a disadvantage of a one-man business?
- A. Unlimited liability owner
- B. Life of business limited to life of owner
- C. Personal control of business
- D. Difficulty in raising additional capital
The provision of adequate number of berths by which ships can load and off-load is the function of the
- A. Department of Customs and Excise
- B. Ports Authority
- C. Shipping and Forwarding Agent
- D. National Shipping Line
The provision of adequate number of berths by which ships can load and off-load is the function of the
- A. Department of Customs and Excise
- B. Ports Authority
- C. Shipping and Forwarding Agent
- D. National Shipping Line
Mobile shopping involves selling
- A. from motor van
- B. at a particular spot in the city
- C. in multiple shops only
- D. from a vending machine
Mobile shopping involves selling
- A. from motor van
- B. at a particular spot in the city
- C. in multiple shops only
- D. from a vending machine
In which of the following are members entitled to one vote, irrespective of the number of shares held?
- A. Public corporation
- B. Partnership
- C. Limited company
- D. Co-operative society
In which of the following are members entitled to one vote, irrespective of the number of shares held?
- A. Public corporation
- B. Partnership
- C. Limited company
- D. Co-operative society
The practice whereby customers purchase goods without being attended to by shop assistants is
- A. presales service
- B. after sales service
- C. self service
- D. impulse buying
The practice whereby customers purchase goods without being attended to by shop assistants is
- A. presales service
- B. after sales service
- C. self service
- D. impulse buying
The document of title to goods being shipped abroad is known as
- A. consignment note
- B. ships manifest
- C. bill of entry
- D. bill of lading
Which of the following is an advertising function?
- A. Packaging
- B. Persuading
- C. Grading
- D. Segmenting
Which of the following is an advertising function?
- A. Packaging
- B. Persuading
- C. Grading
- D. Segmenting
Which of the following is a more suitable medium for advertising a new tractor?
- A. Radio
- B. Poster
- C. Neon sign
- D. Trade fair
The enterprise whose main objective is to provide the public with essential services is known as
- A. cooperative society
- B. partnership
- C. private company
- D. public corporation
What is the name of a service where a bank makes regular payment on behalf of its customers
- A. Direct debit
- B. Credit transfer
- C. Standing order
- D. Bank draft