Which of the following is not a function of the ports Authority?
Ensuring safe movement of ships
Collecting import and export duties
Providing warehouse services
Ensuring law and order in the harbours
Correct answer is C
No explanation has been provided for this answer.
When a bill is paid before its date at a lesser value, it is?
accepted
discounted
dishonoured
retired
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not used to correct adverse balance of payment?
Increasing imports
Increasing exports
Decreasing import
Devaluation
Correct answer is A
No explanation has been provided for this answer.
The extra commission for pledging full settlement of the wholesaler to the manufacturer?
Warehousing
Quality Control
Financing
Bulk -breaking
Correct answer is D
No explanation has been provided for this answer.
An agent who takes possession of goods and sells in his own name is known as?
a broker
a del credere agent
an auctioneer
a factor
Correct answer is D
No explanation has been provided for this answer.