A percentage of the value of a transaction taken by an intermediary as payment for his services is called:

Related MCQs

• The excess of the value of imports of goods and services over the value of exports of goods and services is called:
• In an organized market, an intermediary between a buyer and a seller is called:
• When percentage change in demand for a commodity is less than percentage change in its price, then demand is said to be -
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• The action taken by a buyer or seller to product his business or assets against a change in prices is called
• A trade of goods and services in the exchange for other goods or services rather than for money is known as:
• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
• A speculator who enters into a purchase transaction with a view to sell in the near future when the price would have risen is called a -
• What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?
• A statement of the rights and obligations of each party to a transaction or transactions is called: