Question # 1

In Pakistan, a co-operative society is established under the following act

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1920

1925

1930

1935

If the importer cannot supply the details of goods to customer officials then he gives an application to them to examine the goods, this statement is called:

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Bill of sight

Bill of lading

Bill of entry

Bill of order

A business takes into account the following activities

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Economic

Non-economic

Social

None of these

In the absence of agreement, what will be the interest rate on extra capital of a partner

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4%

6%

10%

12%

Holding company is a company which has:

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No shares of other company

Less than 50% shares of other company

More than 50% shares of other company

50% shares of other company

The real or actual proprietor or owner of goods is:

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Export agent

Warehouse keeper

Clearing agent

Broker

Age of minor partner is:

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18 years

More than 18 years

Less than 18 years

None of these

The liability of a partner in partnership is normally

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Limited

Unlimited

Not at all

All the above

The govt. has monopoly in:

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Railway transport

Airtransport

Roadtransport

Watertransport

An agentt means a person who:

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Buys goods from manufacturer

Buys and sells goods

Renders services to other organizations

Producers goods himself

Due to advertisement:

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Number of customer increases

Number of customer reduces

Number of customer remains the same

The old customers leave

The following is used for posting through posting machine:

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Debit card

Credit card

Larger card

None of these

What does a company get from the prospectus:

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Capital

Fame

Registration

All the three

In order to determine the size of a business we consider

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The availability of the capital

The demand of the goods

The capacity of production

All the above

Amount spent on advertisement is:

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Heavy

Less

Reasonable

Nil

Not included in office worker's personal qualities

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Hard working

Honest

Good personality

Courteous

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