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This online test contains MCQs about following topics:
Introduction, definition and classification of middlemen . Rights & duties of an agent . Kinds of agents
ICOM Part 1 Commerce Ch. 15 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test"
Try The MCQ's Test For Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test
00:00
Question # 1
Who does transfer the goods from manufacturer to consumer:
Question # 2
The wholesaler and retailer are called:
Question # 3
Who does transfer the goods from manufacturer to consumer
Question # 4
The agent who sells and buys goods of all kinds is called:
Question # 5
A person who sells goods of merchant to another person is called
Question # 6
An agent appointed for sending goods to other countries is called:
Question # 7
An agent who is responsible for the receipt of money besides selling goods
Question # 8
An agent who is helpful in the sale and purchase of shares
Question # 9
An agent who cannot get the possession of goods from principal is:
Question # 10
Creates link between the manufacturer and consumer:
Question # 11
The agent appointed for the sale of goods
Question # 12
An agent who sells goods only for a specific organization is called:
Question # 13
Middlemen means those persons who:
Question # 14
The remuneration of an agent is called:
Question # 15
An agent who can receive the payment from buyer
11th Principles of Commerce Chapter 15 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 15 Middlemen Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 15 "Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test" MCQ`s Test
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S Subtain Ahmed Raza 17 - Jul - 2023 01 Min 10 Sec 15/15 -
H Hira 01 - Dec - 2018 01 Min 25 Sec 15/15 -
H hafsa 03 - Dec - 2020 01 Min 39 Sec 15/15 -
S Sylvie 01 - Dec - 2018 01 Min 59 Sec 15/15 -
M Muhammad Uzair 01 - Dec - 2020 02 Min 04 Sec 15/15 -
A Aliya hassan 03 - Dec - 2020 02 Min 19 Sec 15/15 -
R rida 21 - Jun - 2018 02 Min 22 Sec 15/15 -
M Maryam Khan 06 - Apr - 2021 05 Min 05 Sec 15/15 -
Z Zanny 12 - Jul - 2021 06 Min 25 Sec 15/15 -
H Hunaina muzamil 06 - Apr - 2021 09 Min 02 Sec 15/15 -
K KHALIL UR REHAMAN 18 - Aug - 2022 01 Min 41 Sec 14/15 -
M M.Anas 01 - Feb - 2021 01 Min 52 Sec 14/15 -
Z Zunaira rehman 19 - Dec - 2024 01 Min 56 Sec 14/15 -
A Anything 11 - Aug - 2021 02 Min 24 Sec 14/15 -
H Hamna 06 - Apr - 2021 05 Min 33 Sec 14/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 15 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | An agent who is helpful in the sale and purchase of shares: |
A. Clearing agent
B. Underwriter
C. Forwarding agent
D. Auctioneer
|
| 2 | An agent who is responsible for the receipt of money besides selling goods: |
A. Broker agent
B. Delcredere agent
C. Commissionagent
D. Specialagent
|
| 3 | An agent who can receive the payment from buyer |
A. Clearing agent
B. Export agent
C. Factor
D. Underwriter
|
| 4 | The real or actual proprietor or owner of goods is: |
A. Export agent
B. Warehouse keeper
C. Clearing agent
D. Broker
|
| 5 | An agent who sells goods only for a specific organization is called |
A. Common agent
B. Travelling agent
C. Special agent
D. None of these
|
| 6 | The agent who sells and buys goods of all kinds is called |
A. Commission agent
B. Underwriter
C. Broker
D. Exporting agent
|
| 7 | The agent who receives goods on the port instead of the owner |
A. Export agent
B. Warehouse keeper
C. Clearing agent
D. Broker
|
| 8 | An agent who is helpful in the sale and purchase of shares |
A. Clearing agent
B. Underwriter
C. Forwarding agent
D. Auctioneer
|
| 9 | Who does transfer the goods from manufacturer to consumer |
A. Retailer
B. Wholesaler
C. Middleman
D. None of these
|
| 10 | The remuneration of an agent is called: |
A. Wages
B. Profit
C. Salary
D. Commission
|
Test Questions
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