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
Legal tender consists of
- A. cheques and coins
- B. bank drafts and cheques
- C. currency notes and coins
- D. money order and currency notes
Legal tender consists of
- A. cheques and coins
- B. bank drafts and cheques
- C. currency notes and coins
- D. money order and currency notes
The process of dividing market into identifiable sub-markets is known as
- A. marketing concept
- B. market segmentation
- C. market research
- D. market orientation
The process of dividing market into identifiable sub-markets is known as
- A. marketing concept
- B. market segmentation
- C. market research
- D. market orientation
Which of the following is true of rail transport?
- A. Suitable for perishable goods
- B. Cheaper over long distances
- C. it does not require trans-shipment of goods
- D. has no fixed route
Which of the following is true of rail transport?
- A. Suitable for perishable goods
- B. Cheaper over long distances
- C. it does not require trans-shipment of goods
- D. has no fixed route
Which of the following is not a function of money?
- A. Double coincidence of wants
- B. Medium of exchange
- C. Measure of value
- D. Store of wealth
Which of the following is not a function of money?
- A. Double coincidence of wants
- B. Medium of exchange
- C. Measure of value
- D. Store of wealth
Which of the following terms is used in marine insurance when the cargo suffers partial loss?
- A. General Average
- B. Particular Average
- C. Floating Policy
- D. Open Cover
Which of the following is not a principle of insurance
- A. indemnity
- B. insurable risk
- C. Subrogation
- D. Insurable interest
Which of the following is not a principle of insurance
- A. indemnity
- B. insurable risk
- C. Subrogation
- D. Insurable interest
Which of the following is not provided by the post office?
- A. Recorded delivery service
- B. Business reply service
- C. Express delivery service
- D. After sales service
Which of the following is not provided by the post office?
- A. Recorded delivery service
- B. Business reply service
- C. Express delivery service
- D. After sales service
The practice whereby a firm prepays the postage for the response of its customers is known as
- A. express delivery
- B. post restante
- C. recorded delivery service
- D. business reply service