The last link in the channel of distribution is the
retailer
consumer
wholesaler
producer
Correct answer is B
The consumer is the last link in the channel of distribution. Production and distribution is complete only when goods reaches the final consumer
Which of the following are elements of a valid contract?
Dishcarge and performance
Offer and acceptance
Age and maturity
Promise and capacity
Correct answer is B
No explanation has been provided for this answer.
One of the advantages of air transport over other forms of transport is
safety
flexibility
cost
speed
Correct answer is D
Air transportation is the fastest means of transportation
authorized capital
paid-up capital
issued capital
called-up capital
Correct answer is D
Called up share capital is shares issued to investors, under the understanding that the shares will be paid for at a later date or in installments.
consumer cooperative
multipurpose cooperative
producer cooperative
thrift and credit cooperative
Correct answer is B
multi-purpose cooperative-combines 2 or more of the business activities of these different types of cooperatives, e.g credit lending and production, production and provision of goods and services, etc.