Liquid capital in a business means the
movable assets of the business
authorised capital
issued capital
assets easily convertible to cash
Correct answer is D
Liquid capital, or fluid capital is a readily convertible asset, such as money or other bearer economic instruments, as opposed to a long term asset like real estate. It is the asset that is easily converted to cash
Trade as a division of commerce is usually classified into
retail and whole sale
import and export
home and foreign
visible and invisible
Correct answer is C
Trade is divided into;
- Home or domestic trade
- Foreign or international trade
Using symbols, letters, name or combination of these by a company to distinguish its products is
product cycle
marketing mix
trade mark
market segmentation
Correct answer is C
Trade mark is a symbol, word, or words legally registered or established by use as representing a company or product.
Which of the following is not a function of Ports Authority?
Providing facilities for loading and off-loading of vessels
Collection of dock dues
Providing enough ships for the country
Dredging of harbours
Correct answer is C
Option C is not a function of ports authority. Ships can be owned by anyone
A voluntary association of business executives within a locality is known as
Trade Union
Consumers' Association
Chamber of Commerce
Trade Association
Correct answer is C
Chamber of commerce; a local association to promote and protect the interests of the business community in a particular place.