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 Third Party Motor Vehicle Insurance Policy covers damages
to both passengers and vehicle
caused by the vehicle insured
to all parties concerned
to all vehicles involved
to the insured vehicle only
Correct answer is B
No explanation has been provided for this answer.
bull
stag
bear
jobber
broker
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a disadvantage of road transport?
Takes an available route
Fast overshort distances
Increased handling of goods
Offers door-to-door services
Relatively cheap
Correct answer is A
No explanation has been provided for this answer.
Which of the following has no legal capacity to a contract
Public Limited Company
Public Corporation
Co-operative Society
A Minor
A Limited Partnership
Correct answer is D
No explanation has been provided for this answer.
The production process is completed when what is produced
is in the manufacturer's warehouse
has reached the manufacturer's agent
is in the wholesaler's warehouse
has reached the retailers
has reached the final users
Correct answer is E
No explanation has been provided for this answer.