11th Principles of Commerce MCQS
A charter party is
Letter of indemnity
Application for opening the letter of credit
A contract to reserve a ship for carrying goods
All the three
How many copies of bill of lading are prepared
Five
Three
Two
Four
If goods are bought from another country for exporting, it is called
Export trade
None of these
Import trade
Entrepot trade
In case of emergency, foreign trade makes the supply of goods
Difficult
Important
Unimportant
Easy
The person who makes arrangements for the departure of goods
Commission agent
Underwriter
Clearing agent
Forwarding agent
1 2