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.
Securities that entitle the investor to coupon rates are
bonds
equities
warrants
treasury bills
Correct answer is A
A bond is a debt security where the issuer (the borrower) issues the bond for purchase by the bondholder (the lender). It is also known as a fixed income security as a bond usually gives the investor a regular or fixed return in the form of interest payments (sometimes called coupon payments).
The promotion and protection of trade industry and agriculture through trade fairs is a function of
NACRDB
NACCIMA
the consumer protection council
the chamber of commerce
Correct answer is D
The Chamber's mission is creating an environment in which businesses can prosper. The main function of a Chamber of Commerce is to promote interest in local business possibilities.
The main objective of a trade association is to
protect its members against litigation
boost the trade of its members
secure credit for its members
protect its members against victimization
Correct answer is D
The objective of trade associations is to promote the business interests of the members, exchange views, serve as a platform for discussions and to represent the interests of its members.
#800
#500
#350
#320
Correct answer is C
Unused stock can also be referred to closing stock. that is the left over stock after sales. In this case closing stock is 350
it has been issued but not paid-up
it has been applied for but not issued
it is not paid-up
it has not yet been issued
Correct answer is D
The remaining 8million shares have not been issued out for subscription by the public.