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.

1,141.

Time policy in insurance is associated with

A.

motor vehicles

B.

ships at sea

C.

life endowment

D.

goods in transit

Correct answer is D

No explanation has been provided for this answer.

1,142.

A retail outlet is described as a multiple shop when it

A.

has many shops under one roof

B.

sells goods which are not standardized

C.

sells through catalogue

D.

deals in one line of goods

Correct answer is A

No explanation has been provided for this answer.

1,143.

If the amount of dividend paid varies according to the level of profit; what type of share is involved?

A.

Cumulative preference share

B.

Preference share

C.

Deferred share

D.

Ordinary share

Correct answer is D

No explanation has been provided for this answer.

1,144.

Postage marks can be printed on letters and parcels using

A.

Teleprinter machine

B.

facsimile machine

C.

folding machine

D.

franking machine

Correct answer is D

No explanation has been provided for this answer.

1,145.

C.O.D transactions are associated with

A.

mail order firms

B.

mobile shops

C.

supermarkets

D.

multiple shops

Correct answer is A

No explanation has been provided for this answer.