Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Shares are said to be sold at a discount when they are sold
above par
at par
below par
to the public
to the shareholders
Correct answer is B
No explanation has been provided for this answer.
A multiple shop has many stores which sell
graded goods
locally produced goods
manufactured goods
persihable goods
similar goods
Correct answer is E
No explanation has been provided for this answer.
The first Nigerian enterprises promotion decree was promulgated in
1972
1973
1974
1977
1980
Correct answer is A
No explanation has been provided for this answer.
A person who runs a business on his own account is called a
creditor
customer
director
partner
sole trader
Correct answer is E
No explanation has been provided for this answer.
All the following are principles of insurance EXCEPT
indemnity
insurable interest
particular average
subrogation
utmost good faith
Correct answer is C
7 Principles of Insurance