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.

1,876.

Which of the following is not a marketing function?

A.

Advertising

B.

Insurance

C.

Packaging

D.

Transportation

Correct answer is B

No explanation has been provided for this answer.

1,877.

A specially designed container to convey crude oil or liquid from another location to another is a?

A.

launche

B.

tanker

C.

ferry

D.

coaster

Correct answer is B

No explanation has been provided for this answer.

1,878.

The portion authorized capital made available to the public for subscription is?

A.

called-up capital

B.

paid-up capital

C.

call in arrears

D.

issued capital

Correct answer is D

No explanation has been provided for this answer.

1,879.

Which of the following is not a function of the ports Authority?

A.

Ensuring safe movement of ships

B.

Collecting import and export duties

C.

Providing warehouse services

D.

Ensuring law and order in the harbours

Correct answer is C

No explanation has been provided for this answer.

1,880.

When a bill is paid before its date at a lesser value, it is?

A.

accepted

B.

discounted

C.

dishonoured

D.

retired

Correct answer is B

No explanation has been provided for this answer.