Which of the following features is common to all retailers
Operating as sole-proprietors
Selling to the final consumers
Operating with small capital
Selling on hire purchase to consumers
Correct answer is B
Standing as the last man who sells directly to consumers is one of the functions applicable to almost all retailers.
The internal regulations of a limited company are stated in the
Memorandum of Association
Certificate of Incorporation
Articles of Association
Share certificate
Correct answer is C
The article of association clearly states the activities and regulations that will bind and guide the internal dealings of a company
The document which helps to determine the country from where goods were imported is
bill of lading
ship's manifest
certificate of origin
certificate of trading
Correct answer is C
A certificate of origin is simply a document that states where the product was produced, manufactured, or processed.
Which of the following is a reduction in the catalogue price?
Rebate
Cash discount
Commission
Trade discount
Correct answer is D
No explanation has been provided for this answer.
Stocks, shares and debentures traded in the stock exchange are called
bears
bulls
securities
collaterals
Correct answer is C
No explanation has been provided for this answer.