A cheque bearing a date showing that it was issued more than six months ago is termed a
- A. blank cheque
- B. bearer cheque
- C. stale cheque
- D. order cheque
The documents issued by the Registrar of companies which allows a public company to commence business is called
- A. trading certificate
- B. prospectus
- C. certificate of incorporation
- D. memorandum of association
The distribution of goods creates
- A. time utility
- B. place utility
- C. form utility
- D. possession utility
The distribution of goods creates
- A. time utility
- B. place utility
- C. form utility
- D. possession utility
Foreign trade is concerned with
- A. exchange of goods and services among companies
- B. buying and selling of imported goods
- C. exchange of goods and services among citizens
- D. buying and selling of goods and services among countries
Foreign trade is concerned with
- A. exchange of goods and services among companies
- B. buying and selling of imported goods
- C. exchange of goods and services among citizens
- D. buying and selling of goods and services among countries
An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is
- A. brokerage
- B. backwardation
- C. contango
- D. commission
An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is
- A. brokerage
- B. backwardation
- C. contango
- D. commission
A fixed deposit account is beneficial to its holders because
- A. cheques can be issued to settle huge debts
- B. customers can become shareholders of the bank
- C. it attracts higher interest rate
- D. it allows customers overdraw their accounts
A fixed deposit account is beneficial to its holders because
- A. cheques can be issued to settle huge debts
- B. customers can become shareholders of the bank
- C. it attracts higher interest rate
- D. it allows customers overdraw their accounts
Buying on impulse is encouraged by
- A. co-operative shops
- B. hawkers
- C. supermarket
- D. mail order firms
The entertainment industry is classified under
- A. extractive industry
- B. manufacturing industry
- C. constructive industry
- D. commercial industry
The entertainment industry is classified under
- A. extractive industry
- B. manufacturing industry
- C. constructive industry
- D. commercial industry
The practice of selling goods in foreign countries at lower prices than obtainable int he exporting country is known as
- A. entrepot trade
- B. dumping
- C. hedging
- D. counter trade
The practice of selling goods in foreign countries at lower prices than obtainable int he exporting country is known as
- A. entrepot trade
- B. dumping
- C. hedging
- D. counter trade
In insurance, risks that have no statistics for their calculations are
- A. insurable risks
- B. certain risks
- C. un-insurable risks
- D. uncertain risks
In insurance, risks that have no statistics for their calculations are
- A. insurable risks
- B. certain risks
- C. un-insurable risks
- D. uncertain risks
The throwing of goods over board to prevent a ship from sinking is known as
- A. floatsam
- B. abandonement
- C. jettison
- D. particular average
The throwing of goods over board to prevent a ship from sinking is known as
- A. floatsam
- B. abandonement
- C. jettison
- D. particular average
Buildings and machinery purchased for use in business are examples of
- A. current assets
- B. fixed assets
- C. capital employed
- D. paid up capital
Small-scale retailers continue to exist in spite of the dominance of large firms because they
- A. render personal service
- B. employ few salesmen
- C. can raise large capital from relatives
- D. deal in specific goods