Commerce Past Questions And Answers
561
One of the principles of insurance is
- A. consequential loss
- B. fidelity guarantee
- C. proximate cause
- D. surrender value
562
Commerce developed as a result of?
- A. speculation
- B. competition
- C. specialization
- D. importation
563
A principal member of the stock exchange who buys and sells securities on his own is a
- A. jobber
- B. promoter
- C. broker
- D. speculator
564
The resources which are necessary for business development include?
- A. manufacturing , materials mentors and money
- B. merchant, materials, mentors and money
- C. man, money, materials and machines
- D. machines, manufacturing , money and materials
565
Which of the following is not a basic want of man?
- A. Transport
- B. Food
- C. Water
- D. Clothing
566
The merchant wholesaler is referred to as
- A. del-credere agent
- B. a broker
- C. rack jobber
- D. a factor
567
A business whose owners enjoys loan facilities on the basis of personal goodwill is a?
- A. commercial bank
- B. thrift society
- C. co-operative society
- D. community bank
568
A title, symbol, or design that distinguishes a company is called
- A. Brand name
- B. Trademark
- C. copyright
- D. Patent right
569
The difference between the buying and selling price of shares is known as?
- A. brokerage
- B. margin
- C. jobber's turn
- D. gross profit
570
Which of the following is not a sales promotion method?
- A. Demonstration
- B. Exhibition
- C. Free sample
- D. Newspaper