Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The capital market is a market
for long term loans
for new shares of public companies
where money is deposited
where foreign currencies are bought and sold
for short term loans
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a barrier to the smooth functioning of ECOWAS?
Different currencies
Different languages
Adequate population
Political crisis
Fear of domination
Correct answer is C
No explanation has been provided for this answer.
Which of the following is has a fixed rate of dividend?
Debenture
Ordinary share
Founder's share
Preference share
Equity
Correct answer is D
No explanation has been provided for this answer.
The primary aim of commerce is to
produce goods and services
warehouse goods
advertise goods and services
finance goods and services
exchange goods and services
Correct answer is E
Commerce is the activity of buying and selling, especially on a large scale. The primary aim of commerce is the purpose of exchange of goods and services.
nationalization
commercialization
take-over bid
privatization
indegenization
Correct answer is B
No explanation has been provided for this answer.