Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following sources of capital to a business requires mortgaging specific asset
overdraft
ordinary shares
fixed debenture
trade credit
Correct answer is D
No explanation has been provided for this answer.
If a country wishes to discourage imports, it
removes quotas
encourages free trade
imposes tariffs
subsidizes exports
Correct answer is B
No explanation has been provided for this answer.
The choice of medium used in advertising is not determined by the
cost of using a particular medium
age group to which the medium appeals
nationality of people using the medium
number of people reached by the medium
Correct answer is C
No explanation has been provided for this answer.
market for long term loans
market for short-term loans
market for government securities
banking hall of commercial banks
Correct answer is B
No explanation has been provided for this answer.
identify and satisfy customer's needs
maintain the company's share of the market
recruit more salesmen
make maximum profit
Correct answer is B
No explanation has been provided for this answer.