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6. is a temporary partnership (a) Consignment (b) Company 8. (e) Sole trader (d) Joint venture Average due date is also called as (a) Base

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6. is a temporary partnership (a) Consignment (b) Company 8. (e) Sole trader (d) Joint venture Average due date is also called as (a) Base date (b) Interest date (e) Expired date (d) Equated date Account current is usually sent by (a) A banker to his customer (b) An agent to his principal (e) by a lender to the borrower (d) All the above 9. Under the average clause, the loss is suffered by both insurer and insured (a) in the ratio of risk covered (b) 100% by the insurer (e) in equal ratio (d) in the capital ratio 10. Self balancing system consists of (a) Cash book (b) Debtors book (e) Creditors book

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