Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

1,836.

The information on terms of carriage of mails is mails is found in?

A.

Business journal

B.

post office gulde

C.

trade directory

D.

service manual

Correct answer is B

No explanation has been provided for this answer.

1,837.

The method of sending message by the teleprinter?

A.

telephone

B.

cable gram

C.

telex

D.

railex

Correct answer is C

No explanation has been provided for this answer.

1,838.

In a public Limited Liability Companies, equities are referred to as?

A.

preference shares

B.

authorized capital

C.

ordinary shares

D.

called-up capital

Correct answer is C

No explanation has been provided for this answer.

1,839.

When an insurance company indemnifies the insured and takes over his rights, this is known as?

A.

abandonment

B.

subrogation

C.

proximate cause

D.

contribution

Correct answer is B

No explanation has been provided for this answer.

1,840.

A retirement insurance policy which enables the assured to receive income for a specific period is?

A.

annuity

B.

endowment

C.

whole life

D.

fidelity guarantee

Correct answer is A

No explanation has been provided for this answer.