11th Principles of Commerce MCQS Chapter 13

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11th Principles of Commerce MCQS
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A price, which includes cost of goods plus delivery charges, dock charges, ship freight, export duty and loading charges are called
Duty paid
Custom duties
Ex-ship charges
In bond price

Import means the purchase of goods and services from foreign countries are called
None of these
Import trade
Both a and b
Export trade

If the trader does not want to get the goods himself, he issues to the officials
Bill of lading
Bill of sight
Bill of entry
Delivery order

When goods are received in home country after purchasing them from other countries is called
Export trade
Import trade
Both a and b
None of these

If the importer cannot supply the details of goods to customer officials then he gives an application to them to examine the goods, this statement is called
Bill of lading
Bill of entry
Bill of sight
Bill of order

Choose the full form of F.A.S
None of these
Free Alongside Ship

A price, which includes cost of goods plus custom duty and all its relevant expenses up to this stage are called
Custom duties
Duty paid
In bond price
Excise duty

The indent in which the complete detail of goods is written called
Complete indent
Close indent
None of these
Open indent

Choose the correct full form of F.O.B
Free On Board

How many important terms of import trade
20
19
18
21

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