The term "fiduciary issue" means
money issued without gold backing
money issued with gold backing
money issued as currency note
gold reserve
Correct answer is A
No explanation has been provided for this answer.
A system of sales where goods are sold to the highest bidder is known as
credit sale
hire purchase
clearance sale
auction sale
Correct answer is D
No explanation has been provided for this answer.
In the absence of the bill of lading, which of the following is used o clear the goods
Bill of sight
Dock warrant
Certificate of Origin
Mate's receipt
Correct answer is C
No explanation has been provided for this answer.
Fidelity guarantee insurance will only cover
cashier's fraud
daylight robbery
loss of profit
unpaid loan
Correct answer is A
No explanation has been provided for this answer.
The charge paid to a ship owner for the unused part of a ship is known as
penalty
dock dues
dead freight
demurrage
Correct answer is C
No explanation has been provided for this answer.