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.
A business that is independent of its owners is a
sole proprietorship
partnership
limited liability company
co-operative society
Correct answer is C
No explanation has been provided for this answer.
The document which gives legal authority to a company to operate as a legal entity is
Memorandum of Association
Article of Association
Share Certificate
Certificate of Incorporation
Correct answer is D
No explanation has been provided for this answer.
private enquiry
status enquiry
general enquiry
letter of enquiry
Correct answer is C
No explanation has been provided for this answer.
Which of the following is mostly used by a mail order business to sell goods
Posters
Catalogues
Journals
Magazines
Correct answer is B
No explanation has been provided for this answer.
excise duty
ad valorem tax
customs drawback
demurrage
Correct answer is C
No explanation has been provided for this answer.