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 nominal value of a share is same as its
market value
below par value
above par value
face value
Correct answer is D
The nominal value, or book value, of a share is usually assigned when the stock is issued. Market value reflects what the market is willing to pay for it. These two values may differ tremendously as a result of different market conditions as well as supply and demand.
Nominal value is also known as face value or par value. It is the stated worth of an asset. Most likely, this was the value of the asset at the time it was issued, such as cash, bonds and stocks.
#300,000
#200,000
#100,000
#50,000
Correct answer is A
No explanation has been provided for this answer.
#400,000
#200,000
#100,000
#50,000
Correct answer is B
No explanation has been provided for this answer.
Partnership form of business is most appropriate
where professionals are needed
for non-profit making ventures
where very large capital is required
where the liability of members is limited
Correct answer is C
No explanation has been provided for this answer.
Which of the following would not affect the form of a business unit
Availability of raw materials
the type of business
number of persons involved
the capital size
Correct answer is B
No explanation has been provided for this answer.