First Year Principles of Commerce Chapter 15 Online MCQ Test for 1st Year Principles of Commerce Chapter 15 (Middlemen)

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
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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"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test

00:00
Question # 1

The agent who sells and buys goods of all kinds is called:

Question # 2

An agent who can receive the payment from buyer

Question # 3

An agent who is helpful in the sale and purchase of shares

Question # 4

An agent appointed for sending goods to other countries is called:

Question # 5

The agent appointed for the sale of goods:

Question # 6

A person who sells goods of merchant to another person is called:

Question # 7

An agent who sells goods only for a specific organization is called:

Question # 8

An agent who cannot get the possession of goods from principal is:

Question # 9

An agent means a person who

Question # 10

The agent who receives goods on the port instead of the owner

Question # 11

An agentt means a person who:

Question # 12

The broker agent gets for his services

Question # 13

An agent who is helpful in the sale and purchase of shares:

Question # 14

An agent who sells goods only for a specific organization is called

Question # 15

Who does transfer the goods from manufacturer to consumer:

Prepare Complete Set Wise Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test" MCQs Online With Answers


Topic Test

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15th Chapter

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.

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ICom Part 1 Principle of Commerce (English Medium) Chapter 15 Important MCQ's

Sr.# Question Answer
1 The agent appointed for the sale of goods
A. Broker
B. Auctioneer
C. Factor
D. Underwriter
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 The broker agent gets for his services:
A. Commission
B. Profit
C. Surplus commission
D. Brokerage
4 An agent who sells goods only for a specific organization is called:
A. Common agent
B. Travelling agent
C. Special agent
D. Non of these
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 helpful in the sale and purchase of shares:
A. Clearing agent
B. Underwriter
C. Forwarding agent
D. Auctioneer
7 The real or actual proprietor or owner of goods is
A. Agent
B. Principal
C. Both a and b
D. None of these
8 An agent who is responsible for the receipt of money besides selling goods:
A. Broker agent
B. Delcredere agent
C. Commissionagent
D. Specialagent
9 Middlemen means those person who
A. Buy goods from the retailer
B. Buy goods from the wholesaler
C. Help in transferring goods from producer to consumer
D. But items from manufacturer
10 The real or actual proprietor or owner of goods is:
A. Export agent
B. Warehouse keeper
C. Clearing agent
D. Broker

Test Questions

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