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.
The beneficiary of a cheque is called
acceptor
drawee
drawer
payee
Correct answer is D
No explanation has been provided for this answer.
Which of the following institutions does not belong to the capital market
Commercial banks
Development banks
Mortgage banks
Insurance companies
Correct answer is A
No explanation has been provided for this answer.
The time allowed for unloading and loading a ship is referred to as
demurrage
lay days
charter party
charter by demise
Correct answer is B
No explanation has been provided for this answer.
The provision of dredging and dry dock facilities at any sea port is the responsibility of
Ports and Harbours Authority
Customs and Excise Authority
National Health Authority
National Water and Electricity Authority
Correct answer is A
No explanation has been provided for this answer.
The place where dutiable goods are kept until the duties on them are paid is
customs warehouse
public warehouse
bonded warehouse
the wharf
Correct answer is C
No explanation has been provided for this answer.