Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The last link in the production process is the
transporter
wholesaler
consumer
retailer
Correct answer is C
The last link in the production process is When goods reach the final consumer
Who among the following does not render direct service?
Teacher
Musician
Doctor
Retailer
Correct answer is B
Direct services means services provided through person-to-person contact
Which of the following is not the function of commerce
the conversion of raw materials into semi-finished products
the conversion of semi-finished products into end products
Provision of services to customers
The exchange and distribution of goods and services
Correct answer is D
No explanation has been provided for this answer.
If a share is quoted ex-div, it means the new buyer would
get the next dividend
not get the next dividend
get a fixed dividend
not get any dividend
Correct answer is B
Ex-dividend describes a stock that is trading without the value of the next dividend payment.
Voyage policy insurance is associated with
fire
life
marine
burglary
Correct answer is C
A voyage policy is marine insurance coverage for possible damage to a ship's cargo.