Question # 1

The quantity of goods sold to consumers in a departmental store is:

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Reasonable

More

Small

All of the above

Because of home trade, the goods are traded in:

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Half of the country

Whole country

One province

Foreign country

While selling the goods, anagent is:

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Bound to follow principal's instructions

Not bound to follow principal's instructions

Master of his own will

None of these

Which company can issue the shares to public

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Chartered company

Public ltd. company

Private company

All the above

What does a company get from the prospectus:

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Capital

Fame

Registration

All the three

An office worker should have to his credit

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Personal qualities

Physical qualities

Educational qualities

All of these

The members of chamber of commerce and industry can be

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Local persons

Foreign persons

Both

None of these

How many characteristics of home trade in our book

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10

11

12

13

The voyage policy is taken for

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Specific voyage

Specific centres

Specific person

Voyage of different countries

The owner of a company are

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The employees of company

The debentureholders

The shareholders

The creditors

The departmental store are generally found:

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Outside the city

In important centers of the city

In center of the city

In all areas

Insurance is an agreement in which the insurer

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Gives profit

Gives interest

Compensates loss

All the above

Selling the goods in large quantity on low profit results in

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More profit

Less profit

Reasonable profit

No profit

To increase business, small packets of goods are and distributed among the people at

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Less price

Free of cost

Original price

More profit

The powers of directors and promoters are discussed in:

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MOA

AOA

Prospectus

All of these

Who provides the capital for co-operative society

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Government

Members

Banks

None of these

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

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