Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following advertising media combines the advantages of both sight and sound?
Television
Radio
Neon sign
Billboard
Correct answer is A
No explanation has been provided for this answer.
In sea transport, vessels that operate on fixed routes and schedules are called?
ferries
yachts
liners
tramps
Correct answer is C
No explanation has been provided for this answer.
Which of the following carries specialized goods?
Liner
Tramp
Ferry
Tanker
Correct answer is D
No explanation has been provided for this answer.
The net profit is calculated as
sales less purchases
sale less expenses
gross profit less expenses
gross profit less purchases
Correct answer is C
No explanation has been provided for this answer.
The amount paid regularly by the assured to the insurer is
dividend
premium
interest
indemnity
Correct answer is B
No explanation has been provided for this answer.