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.

981.

A shareholder who holds 100,000 shares of 50 butts each is given a dividend of 10 percent less 2 percent tax. What is his net return?

A.

D10,000.00

B.

9,800.00

C.

D5,000.00

D.

D4,900.00

Correct answer is C

No explanation has been provided for this answer.

982.

Which of the following is not a favorable condition under which personal selling can be practiced?

A.

When advertising entails relatively high costs

B.

When the market is concentrated

C.

When the market is dispersed

D.

When personal touch is needed

Correct answer is C

No explanation has been provided for this answer.

983.

People who sell shares in anticipation of a fall in their value are called

A.

bears

B.

bulls

C.

brokers

D.

jobbers

Correct answer is A

No explanation has been provided for this answer.

984.

Which of the following economic unions is made up of countries in West Africa only?

A.

ACP

B.

ECOWAS

C.

NATO

D.

ADB

Correct answer is B

No explanation has been provided for this answer.

985.

The takeover by government of Sanking Sillah and Sons Ltd is referred to as

A.

privatization

B.

indigenization

C.

commercialization

D.

nationalization

Correct answer is D

No explanation has been provided for this answer.