11th Principles of Commerce MCQS Chapter 15

11th Principles of Commerce MCQS
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The real or actual proprietor or owner of goods is
None of these
Principal
Agent
Both a and b

The broker agent gets for his services
Surplus commission
Commission
Profit
Brokerage

Who does transfer the goods from manufacturer to consumer
Retailer
Middleman
Wholesaler
None of these

The agent appointed for the sale of goods
Broker
Factor
Underwriter
Auctioneer

The agent who receives goods on the port instead of the owner
Export agent
Warehouse keeper
Clearing agent
Broker

An agent who is responsible for the receipt of money besides selling goods
Broker agent
Delcredere agent
Special agent
Commission agent

An agent who sells goods only for a specific organization is called
Travelling agent
Common agent
Special agent
None of these

An agent appointed for sending goods to other countries is called
Clearing agent
Import agent
Forwarding agent
Export agent

A person who sells goods of merchant to another person is called
Agent
Retailer
Middleman
Wholesaler

An agent means a person who
Buys and sells goods
Renders services to other organizations
Buys goods from manufacturer
Produces goods himself

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