FPSC Most Important Lecturer Commerce Online Test No. 62

Online Free Taleem is free online MCQ’s test related to Lecturer Commerce. All the individuals who are going to appear in PPSC, FPSC, KKPSC, SPSC, BPSC, AJ&KPSC, NTS, Lecturer Commerce written test can attempt these tests in order to prepare for it in best possible way. Our tests of Lecturer of Commerce include all the important questions and Past Paper of  Lecturer Commerce, that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.


There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START  Button to Take this Commerce Test Online.

Test Instructions:-
Test Name Lecturer Commerce
Subject Commerce Test 62
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 62

1 / 25

A firm:

2 / 25

In the absence of any agreement, the partners are entitled to share profits.

3 / 25

A holder in due course gets an instrument:

4 / 25

In partnership, liability of the partners is .

5 / 25

If one exclusive test of partnership between a group of persons is to be named it is.

6 / 25

If the assets of a firm are insufficient to discharge the debts and liabilities of the firm, the partners shall bear deficiency:

7 / 25

The position of a minor partner is dealt with in the partnership Act in

8 / 25

The case of Cox. V. Hickman, (1860) 8 1 H.L.C 268 deals with:

9 / 25

In the absence of any agreement interest on advances to a partner is.

10 / 25

Where a partner is entitled to interest on capital subscribed by him, such interest will be payable.

11 / 25

If a seller makes use of pretended bidding to raise the price, the sale is.

12 / 25

An unpaid seller can exercise the right of stoppage in transit when the carrier holds the goods.

13 / 25

The maximum number of partners in a firm carrying on banking business cannot exceed.

14 / 25

If the goods are rejected by the buyer and the carrier or other bailee continues to be in possession of them, the transit.

15 / 25

A negotiable instrument is one of the property in which is acquired by anyone who take it.

16 / 25

Dissolution of partnership means.

17 / 25

There is no provision in the partnership deed regarding the duration partnership. This is.

18 / 25

A change in the nature of business of a firm can be made if.

19 / 25

Registration of a firm under the Indian Partnership Act is:

20 / 25

An unregistered firm wants to enforce against a third party a right arising from a contract it.

21 / 25

The maximum number of partners allowed in a firm carrying on general business is.

22 / 25

A promissory note is a document in writing containing.

23 / 25

The right of lien exercise by an unpaid seller is to:

24 / 25

A nominal partner is:

25 / 25

The liability of partners in a firm is.

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