Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The information on terms of carriage of mails is mails is found in?
Business journal
post office gulde
trade directory
service manual
Correct answer is B
No explanation has been provided for this answer.
The method of sending message by the teleprinter?
telephone
cable gram
telex
railex
Correct answer is C
No explanation has been provided for this answer.
In a public Limited Liability Companies, equities are referred to as?
preference shares
authorized capital
ordinary shares
called-up capital
Correct answer is C
No explanation has been provided for this answer.
When an insurance company indemnifies the insured and takes over his rights, this is known as?
abandonment
subrogation
proximate cause
contribution
Correct answer is B
No explanation has been provided for this answer.
A retirement insurance policy which enables the assured to receive income for a specific period is?
annuity
endowment
whole life
fidelity guarantee
Correct answer is A
No explanation has been provided for this answer.