When the buyer of an existing share is to receive the pending dividend, the price is
- A. cum div
- B. ex-div
- C. at par
- D. at a discount
A cheque issued in January 1997 which the holder failed to present for payment until September 1997 is called a
- A. traveller's cheque
- B. post-dated cheque
- C. stale cheque
- D. crossed cheque
A cheque issued in January 1997 which the holder failed to present for payment until September 1997 is called a
- A. traveller's cheque
- B. post-dated cheque
- C. stale cheque
- D. crossed cheque
Which of the following is not true of the stock exchange?
- A. it is a commodity market
- B. it provides market for trading on shares
- C. Government and companies raise fund through it
- D. it provides professional advice on investment
Which of the following is not true of the stock exchange?
- A. it is a commodity market
- B. it provides market for trading on shares
- C. Government and companies raise fund through it
- D. it provides professional advice on investment
Which of the following is a safest way of sending important documents through the post
- A. Registered mail
- B. Parcel post
- C. Letter post
- D. Express mail
Which of the following is a safest way of sending important documents through the post
- A. Registered mail
- B. Parcel post
- C. Letter post
- D. Express mail
The exchange of goods for goods in home trade is known as
- A. entrepot trade
- B. trade by barter
- C. commodity trade
- D. distributive trade
The exchange of goods for goods in home trade is known as
- A. entrepot trade
- B. trade by barter
- C. commodity trade
- D. distributive trade
The main function of a thrift and credit cooperative society is to
- A. encourage members to buy cheaply
- B. enable members get the highest profit
- C. help members get legal redress
- D. encourage members to save
The main function of a thrift and credit cooperative society is to
- A. encourage members to buy cheaply
- B. enable members get the highest profit
- C. help members get legal redress
- D. encourage members to save
Catalogs are mostly used by
- A. chain stores
- B. department stores
- C. mail order firms
- D. supermarkets
Catalogs are mostly used by
- A. chain stores
- B. department stores
- C. mail order firms
- D. supermarkets
Which of the following insurance principles states that a person must be in a position to suffer financially in the event of a loss?
- A. Proximate cause
- B. Indemnity
- C. Insurable interest
- D. Subrogation
Which of the following must be stated in the article of association?
- A. the objects of the company
- B. the registered office address of the company
- C. the method of issue and transfer of shares
- D. Statement that liabilities are limited
Which of the following must be stated in the article of association?
- A. the objects of the company
- B. the registered office address of the company
- C. the method of issue and transfer of shares
- D. Statement that liabilities are limited
A company whose shares are not easily transferable is a
- A. private limited company
- B. public limited company
- C. public corporation
- D. company limited by guarantee
A company whose shares are not easily transferable is a
- A. private limited company
- B. public limited company
- C. public corporation
- D. company limited by guarantee
The selling of articles from place to place on foot is
- A. mail order
- B. itinerant trading
- C. barter
- D. self service
One roof containing a number of shops is a
- A. tied shop
- B. mail order firm
- C. department store
- D. chain store
One roof containing a number of shops is a
- A. tied shop
- B. mail order firm
- C. department store
- D. chain store