Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

1,121.

The right that a debenture holder has on the earnings of a company is

A.

lien

B.

dividend

C.

interest

D.

rent

Correct answer is C

No explanation has been provided for this answer.

1,122.

A dormant partner is one who

A.

does not work hard

B.

lent his name to the business

C.

has limited liability

D.

does not partake in running the business

Correct answer is D

No explanation has been provided for this answer.

1,123.

A transporter who offers to carry goods for anyone at a fee is called

A.

a national carrier

B.

a common carrier

C.

a private carrier

D.

an independent carrier

Correct answer is B

No explanation has been provided for this answer.

1,124.

Legal tender consists of

A.

cheques and coins

B.

bank drafts and cheques

C.

currency notes and coins

D.

money order and currency notes

Correct answer is C

No explanation has been provided for this answer.

1,125.

The process of dividing market into identifiable sub-markets is known as

A.

marketing concept

B.

market segmentation

C.

market research

D.

market orientation

Correct answer is B

No explanation has been provided for this answer.