Question # 1

The bill of lading reveals the

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Legal ownership of goods

Price of goods

Government ownership of goods

None of the above

The machine of opening letters in business centers is called

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Mail opener

Folding machine

Punching machine

All are correct

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%

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

Circular letter is a kind of:

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Official letter

Business letter

Both letters

None of these

A joint stock company has the following characteristic:

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Delayed decisions

Payment of double tax

Limited liability of shareholders

All of the above

How many types of business finance

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2

3

4

5

Advertisement means

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Production of goods

Sale of goods

Introduction of new goods

Spoilage of goods

Which company can issue the shares to public:

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Chartered company

Public ltd. company

Private company

All the above

The exporter gets the certificate of origin from

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Chamber of commerce

Custom officials

Importing bank

Exporting bank

Who provides capital in sole proprietorship:

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Sole owner

Bank

Workers

Relatives

On the death of the insured, sum is paid to:

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Friends

Dependents

Relatives

Insurer

Number of chamber of commerce and industry in the sub-continent before independence

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55

60

65

56

For the poor, advisement is:

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Non-effective

Reason of happiness

Cause of financial tention and despair

Wastage of time

A public Ltd. company is included in the list of

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Business centre

Custom authorities

Stock exchange

Chamber of commerce

The shares of a co-operative society can be transferred

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At any time

After 6 months

After 1 years

All are wrong

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