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This online test contains MCQs about following topics:
Introduction, definition and classification of middlemen . Rights & duties of an agent . Kinds of agents
ICOM Part 1 Commerce Ch. 15 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test"
Try The MCQ's Test For Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test
00:00
Question # 1
The wholesaler and retailer are called:
Question # 2
Who does transfer the goods from manufacturer to consumer
Question # 3
An agent who sells goods only for a specific organization is called:
Question # 4
While selling the goods, anagent is:
Question # 5
The real or actual proprietor or owner of goods is:
Question # 6
The broker agent gets for his services
Question # 7
Middlemen means those persons who:
Question # 8
The agent appointed for the sale of goods
Question # 9
An agent appointed for sending goods to other countries is called:
Question # 10
An agent who cannot get the possession of goods from principal is:
Question # 11
Who does transfer the goods from manufacturer to consumer:
Question # 12
An agent means a person who
Question # 13
An agent who can receive the payment from buyer
Question # 14
The persons who sell their purchased goods are called:
Question # 15
Middlemen means those person who
11th Principles of Commerce Chapter 15 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 15 Middlemen Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test" MCQ`s Test
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S Subtain Ahmed Raza 17 - Jul - 2023 01 Min 10 Sec 15/15 -
H Hira 01 - Dec - 2018 01 Min 25 Sec 15/15 -
H hafsa 03 - Dec - 2020 01 Min 39 Sec 15/15 -
S Sylvie 01 - Dec - 2018 01 Min 59 Sec 15/15 -
M Muhammad Uzair 01 - Dec - 2020 02 Min 04 Sec 15/15 -
A Aliya hassan 03 - Dec - 2020 02 Min 19 Sec 15/15 -
R rida 21 - Jun - 2018 02 Min 22 Sec 15/15 -
M Maryam Khan 06 - Apr - 2021 05 Min 05 Sec 15/15 -
Z Zanny 12 - Jul - 2021 06 Min 25 Sec 15/15 -
H Hunaina muzamil 06 - Apr - 2021 09 Min 02 Sec 15/15 -
K KHALIL UR REHAMAN 18 - Aug - 2022 01 Min 41 Sec 14/15 -
M M.Anas 01 - Feb - 2021 01 Min 52 Sec 14/15 -
Z Zunaira rehman 19 - Dec - 2024 01 Min 56 Sec 14/15 -
A Anything 11 - Aug - 2021 02 Min 24 Sec 14/15 -
H Hamna 06 - Apr - 2021 05 Min 33 Sec 14/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 15 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | An agent who cannot get the possession of goods from principal is: |
A. Factor
B. Commission agent
C. Broker
D. None of these
|
| 2 | An agent who is responsible for the receipt of money besides selling goods |
A. Broker agent
B. Delcredere agent
C. Commission agent
D. Special agent
|
| 3 | An agent means a person who |
A. Buys goods from manufacturer
B. Buys and sells goods
C. Renders services to other organizations
D. Produces goods himself
|
| 4 | The real or actual proprietor or owner of goods is: |
A. Export agent
B. Warehouse keeper
C. Clearing agent
D. Broker
|
| 5 | The broker agent gets for his services: |
A. Commission
B. Profit
C. Surplus commission
D. Brokerage
|
| 6 | Main types of middleman are: |
A. Wholesaler and broker
B. Retailer and factor
C. Merchant middleman trader and middleman agent
D. Export and import trader
|
| 7 | Middlemen means those persons who: |
A. Buy goods from the retailer
B. Buy goods from the wholesaler
C. Help in transferring goods from producer to consumer
D. Buy items from manufacturer
|
| 8 | An agent who sells goods only for a specific organization is called |
A. Common agent
B. Travelling agent
C. Special agent
D. None of these
|
| 9 | A person who sells goods of merchant to another person is called |
A. Retailer
B. Middleman
C. Agent
D. Wholesaler
|
| 10 | The remuneration of an agent is called |
A. Wages
B. Profit
C. Salary
D. Commission
|
Test Questions