Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

576.

A holding company is one which holds shares in another company up to

A.

20%

B.

25%

C.

33%

D.

41%

E.

51%

Correct answer is E

No explanation has been provided for this answer.

577.

Which of the is used in calculating working capital?

A.

factory premises

B.

furniture and fittings

C.

machinery

D.

office equipment

E.

stock of raw material

Correct answer is E

No explanation has been provided for this answer.

578.

Which of the following means of transport is most flexible?

A.

air

B.

rail

C.

road

D.

sea

E.

waterways

Correct answer is C

No explanation has been provided for this answer.

579.

Crude oil is best transported within the country through

A.

a container

B.

a trawler

C.

a tanker

D.

pipeline

E.

rail

Correct answer is C

No explanation has been provided for this answer.

580.

Which of the following can be used to establish an importer's title to goods?

A.

bill of exchange

B.

bill of lading

C.

cargo receipt

D.

import licence

E.

way bill

Correct answer is B

No explanation has been provided for this answer.