Question # 1

The minimum number of persons in a multi-members private company

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Seven

Four

Two

Three

The wholesaler gives order to manufacturer:

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In advance

On spot

According to need

None of the above

Imports and exports are the kinds of

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Home trade

Foreign trade

Provincial trade

None of these

A wholesaler makes it easy for

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Retailer

manufacturers

Retailer and manufacturers

None

Types of members of chamber of commerce and industry are

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Four

Five

Three

Two

What remains among different sections due to office

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Link/contact

Coordination

Both

None of these

Messages are sent from one place to another immediately by

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Personal visit

Telephone

Tele-printer

None of these

In Modaraba, the person who invests capital is called

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Modarib

Rab-ul-Mal

Investor

Business man

Because of import trade, the demand for national / home products:

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Reduces

Increases

Remains normal

Both (a) and (b)

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

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Retailer

Middleman

Agent

Wholesaler

Who can be a director of a company

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Immature/Minor

Artificial person

Representative of the creditor

Insolvent person

The receipt of public and bonded warehouses is used as

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Security

Business

Liability

None of these

The document issued by an authorized office after counting and checking the loaded goods on ship:

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Shipping order

Receipt of mate

Marine insurance

bill of lading

What is written in business letter after complimentary close:

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Signature

Saluation

Subject

Name of addressee

Commerce and business:

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The scope of business is wider than commerce

The scope of commerce is wider than business

Both have the same scope

Both have a wider scope than each other

What does a company get from the prospectus:

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Capital

Fame

Registration

All the three

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Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers

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