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.
An organized market for securities is called
Money Market
Future Market
Stock Exchange Market
Spot Market
Hyper Market
Correct answer is C
No explanation has been provided for this answer.
The cost of goods sold divided by the average stock held during a trading period gives the
gross profit
net profit
net sales
rate of stock turnover
sum of the opening and closing stock
Correct answer is D
No explanation has been provided for this answer.
a car hire company
one who engages in the transportation of passengers only
an apprentice who helps his master to carry goods
a dealer in various brands of vehicles
one who engages in the transportation of goods and passengers for a fee
Correct answer is E
No explanation has been provided for this answer.
Bill of exchange
Mate's reciept
Ship's manifest
Bill of sight
Customs declaration form
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a characteristic of Charter party?
It is a contract for carriage by sea
Its document shows freight charges and destination
There are time, voyage and charter by demise
The whole or part of a ship is leased
An association of ship owners
Correct answer is E
No explanation has been provided for this answer.