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.
Called-up capital is the amount?
paid on allotment
paid ontirstcall
paid on appilication
demanded on shares issued
paid-up on all shares
Correct answer is A
No explanation has been provided for this answer.
Which of the following enables production to take place ahead of demand?
Transporting
Advertising
Importing
warehousing
Exporting
Correct answer is D
No explanation has been provided for this answer.
Which of the following must be include in the Articles of Association?
Voting rights of the shareholders
The objects of the business
The address of the registered office
Statement that liability is limited
List of types of shares
Correct answer is A
No explanation has been provided for this answer.
When a company sells shares to existing shareholders at preferential rate, that is called?
Rights issue
Bonus issue
Private placing
Sale by auction
lssue by prospectus
Correct answer is A
No explanation has been provided for this answer.
Those involved in obtaining the gifts of nature from land and sea are engaged in?
Extractive occupation
Manufacturing occupation
Constructive occupation
Commercial occupation
Direct services
Correct answer is A
No explanation has been provided for this answer.