The document issued by the seller which gives detail of the goods he sells is known as?
catalogue
tender
price list
invoice
Correct answer is D
No explanation has been provided for this answer.
A bill of exchange already accepted can be discounted by the holder in?
the central bank
at least two banks
his bank
any bank
Correct answer is D
No explanation has been provided for this answer.
A retail cooperative society aims at?
hoarding manufactured goods
cutting off the profit of the middlemen
lending money to members at a low interest rates
encouraging members to save money
Correct answer is B
No explanation has been provided for this answer.
The Stock Exchange is a market where?
long-term securities are sold
all types of securities are sold
short-term securities are sold
medium-term securities are sold
Correct answer is B
No explanation has been provided for this answer.
Debentures differ from shares in that
they are secured on the company's assets
ownership is open to the public
they form part of the capital of the business
rewards are usually paid out of profits
Correct answer is A
No explanation has been provided for this answer.