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.
Which of the following is not a business resource?
Market
Man
Money
Machine
Materials
Correct answer is A
No explanation has been provided for this answer.
One advantage of direct selling is
low cost
immediate feedback
mass appeal
self-service
speedy market coverage
Correct answer is B
No explanation has been provided for this answer.
Which of the following guarantees payment on presentation?
Certified cheque
Crossed cheque
Order cheque
Bearer cheque
Open cheque
Correct answer is D
No explanation has been provided for this answer.
Which of the following is legally used by the insured while the policy is being processed?
Cover note
Proposal form
Indemnity form
Premium
Claim Form
Correct answer is A
No explanation has been provided for this answer.
In the capital structure of a Public Limited Company, the term equity refers to
preference shares
ordinary shares
debentures
stocks
bonds
Correct answer is B
No explanation has been provided for this answer.