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.
Contributing money to buy equipment for making and marketing a product is a feature of
thrift societies
public limited companies
consumers' cooperatives
producers' cooperatives
Correct answer is D
No explanation has been provided for this answer.
Public enterprises are financed mainly by
the shareholders
commercial banks
government grants
The World Bank
Correct answer is C
No explanation has been provided for this answer.
Which of the following is best organized as a partnership?
Drilling and marketing of crude oil
Brewing and distribution of beer
Designing and building of houses
Assembling and marketing of vehicles
Correct answer is C
No explanation has been provided for this answer.
Where a limited partner exists in a partnership
no active partner is needed
other partners must be nominal
at least one ordinary partner must be there
at least one member must be a legal practitioner
Correct answer is C
No explanation has been provided for this answer.
The rate at which the country's import exchanges for its export is known as
Terms of trade
Balance of trade
Rate of exchange
Terms of exchange
Correct answer is A
No explanation has been provided for this answer.