Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Who the following sells among securities in anticipation of a fall in price?
Bear
Stag
Jobber
Bull
Correct answer is A
No explanation has been provided for this answer.
indemnity
suborgation
contribution
insurable interest
Correct answer is B
No explanation has been provided for this answer.
Fidelity guarantee insurance
Consequential loss insurance
Products' liability insurance
Employers' liability company
Correct answer is D
No explanation has been provided for this answer.
The process of dealing with a cheque once it has been paid into the creditor's bank is?
clearing
accepting
negotiating
discounting
Correct answer is A
No explanation has been provided for this answer.
Quality discount is offered to persuade the buyer to?
pay promptly
defer payment
pay a deposit
buy more
Correct answer is D
No explanation has been provided for this answer.