New ! Commerce MCQ Practise Tests



Channels of Distribution Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:40:00 Hrs
Total Marks : 25
    3 x 1 = 3
  1. Trade middleman who acts as a link between wholesaler and customers refers to a____________

    (a)

    Producer

    (b)

    Broker

    (c)

    retailer

    (d)

    customer

  2. _________ buy the goods from the producer and sell it to the retailers.

    (a)

    Manufacturer

    (b)

    Wholesaler

    (c)

    Retailer

    (d)

    Consumers

  3. A ________ is a mercantile agent to whom goods are entrusted for sale by a principal and takes physical possession of the goods, but does not obtain ownership.

    (a)

    Broker

    (b)

    Factor

    (c)

    warehouse - keeper

    (d)

    Commission agent

  4. 3 x 2 = 6
  5. Who is a middleman?

  6. Who is a Broker?

  7. Who are the Mercantile Agents ?

  8. 2 x 3 = 6
  9. Who is a factor?

  10. Explain any three characteristics of wholesalers?

  11. 2 x 5 = 10
  12. What are the characteristics of retailers?

  13. Explain the services rendered to consumers by Retailers.

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