Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
carriage
carriage paid
cash on delivery
franco
loco price
Correct answer is B
No explanation has been provided for this answer.
The relationship between a country’s visible imports and exports in a trading year is known as
balance of payment
balance of trade
counter trade
international trade
terms of trade
Correct answer is B
No explanation has been provided for this answer.
Prospectus in relation to a public limited inability company means
a document for allocation of shares to the public
a document stating the types or shares
a document where the names of shareholders are written
an invitation to the public to buy shares
an invitation to the public to collect dividends
Correct answer is D
No explanation has been provided for this answer.
brokerage
commission
contango
interest
jobbers turn
Correct answer is E
No explanation has been provided for this answer.
Banks issue cheque books to customers holding ......... accounts.
current
deposit
fixed deposit
foreign
savings
Correct answer is A
No explanation has been provided for this answer.