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 limited company can raise long term capital through the
commodity market
stock exchange market
export market
foreign exchnage market
Correct answer is B
No explanation has been provided for this answer.
Mr Ojo buys a book from a bookseller and pays cash. The bookseller will issue him a
debit note
credit note
voucher
receipt
Correct answer is D
No explanation has been provided for this answer.
If a share is sold at a price below its face value, it is sold
above par
at a discount
at par
at premium
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a feature of a self-service store?
it is found mainly in urban areas
it offers steady employment opportunities
Goods carry price tags
it operates on a large floor space
Correct answer is B
No explanation has been provided for this answer.
Centralized buying and decentralized selling are features of
cooperative wholesalers
department stores
mail order business
multiple stores
Correct answer is D
No explanation has been provided for this answer.