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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
A person who sells goods of merchant to another person is called
Question # 2
An agent who is helpful in the sale and purchase of shares
Question # 3
The remuneration of an agent is called:
Question # 4
The agent who sells and buys goods of all kinds is called:
Question # 5
An agent appointed for sending goods to other countries is called:
Question # 6
While selling the goods, anagent is:
Question # 7
The persons who sell their purchased goods are called:
Question # 8
Creates link between the manufacturer and consumer:
Question # 9
A person who sells goods of merchant to another person is called:
Question # 10
The agent who receives goods on the port instead of the owner
Question # 11
An agent who can receive the payment from buyer
Question # 12
Who does play an important role in the promotions of trade:
Question # 13
The remuneration of an agent is called
Question # 14
The broker agent gets for his services
Question # 15
An agent who cannot get the possession of goods from principal is:
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 | Who does transfer the goods from manufacturer to consumer: |
A. Retailer
B. Wholesaler
C. MIddleman
D. None of these
|
| 2 | 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
|
| 3 | The wholesaler and retailer are called: |
A. Middleman (agents)
B. Merchant middlemen
C. Broker
D. Factor
|
| 4 | The agent appointed for the sale of goods: |
A. Broker
B. Auctioneer
C. Factor
D. Underwritter
|
| 5 | An agent who is helpful in the sale and purchase of shares: |
A. Clearing agent
B. Underwriter
C. Forwarding agent
D. Auctioneer
|
| 6 | An agent who is responsible for the receipt of money besides selling goods: |
A. Broker agent
B. Delcredere agent
C. Commissionagent
D. Specialagent
|
| 7 | An agent appointed for sending goods to other countries is called |
A. Export agent
B. Import agent
C. Forwarding agent
D. Clearing agent
|
| 8 | An agent who cannot get the possession of goods from principal is: |
A. Factor
B. Commission agent
C. Broker
D. None of these
|
| 9 | While selling the goods, anagent is: |
A. Bound to follow principal's instructions
B. Not bound to follow principal's instructions
C. Master of his own will
D. None of these
|
| 10 | A person who sells goods of merchant to another person is called: |
A. Retailer
B. Middleman
C. Agent
D. Wholesaler
|
Test Questions