List the various types of insurance. Describe marine insurance. Answer: Types of Insurance: Following are the types of insurance: • Personal...
 List the kinds of advertising media. Explain any one. Answer: Advertising Media:  1. Non – Electronic Media: a. Newspaper.  b. Magazines. c...
What are the kinds of partners? Describe sleeping partner. Answer: Kinds of Partners: 1. Active partner.  2. Sleeping partner.  3. Secret pa...
What are Mudarba and Musharka? Answer: Mudarba: In Islamic financing, a type of partnership in which one partner provides the capital while ...
Define trade and commerce. List the auxiliaries to trade. Answer: Trade : A basic economic concept that involves multiple parties participat...
Define salesmanship. Write any four qualities of a good salesman. Answer: Salesmanship: It is a method of offering goods and services to th...
List the clauses of memorandum of association. Describe name clause. Answer: Memorandum of Association: It is the document which sets out t...