Question # 1

A charter party is

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A contract to reserve a ship for carrying goods

Application for opening the letter of credit

Letter of indemnity

All the three

Co-operative society started in

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1840

1844

1845

1850

Personal letters are divided into:

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Two

Five

Seven

Nine

Liability of shareholders in a joint stock company is

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Limited

Unlimited

None

All are correct

The agent appointed for the sale of goods:

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Broker

Auctioneer

Factor

Underwritter

Helps of facilitates the trade:

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Business organizations

Retailers

Trade auxiliaries

National organizations

The important source of sending a voice message is

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Television

Radio

Video cassette

None of these

The wholesaler gives order to manufactures

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In advance

On spot

According to need

None of the above

In which form of business organization, the element of secrecy is maintained:

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Partnership

Joint stock company

Sole tradership

None of the above

The government issued Modaraba ordinance on

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January 1980

January 1981

January 1979

January 1984

The machine of opening letters in business centers is called

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Mail opener

Folding machine

Punching machine

All are correct

What is prepared after sending the goods

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Bill of lading

Invoice

Receipt of mate

All of these

The most important document of a company is:

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The memorandum

The articles

The prospectus

The accounts of company

The wholesaler sells his goods to

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Consumer

Retailer

Manufacturer

All the above

Two important components of the business:

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Trade and commerce

Industry and commerce

Trade and industry

Profit and loss

A sales remains successful in his profession if he:

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Has intension to earn profit

Has devotion of work

Does not have intension to ear profit

Tells lie more

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