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.
Who among the following is a middlemen?
Manufacturer
Agent
Insurer
Consumer
Correct answer is B
No explanation has been provided for this answer.
The process of taking over the management and control of a privately owned business by government is
indigenization
nationalization
participation
privatization
Correct answer is B
No explanation has been provided for this answer.
It is safer and quicker to transport petrol and gas by
rail
road
pipeline
air
Correct answer is C
No explanation has been provided for this answer.
In a limited partnership, one of the members must be
a general partner
a nominal partner
an active partner
a dormant partner
Correct answer is A
No explanation has been provided for this answer.
Demurrage is paid by a vessel for
overloading
travelling along unplanned route
delaying at the port
not using the services at the wharf
Correct answer is C
No explanation has been provided for this answer.