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.

2,006.

Which of the following is not a function of management?

A.

Staffing

B.

Planning

C.

Organizing

D.

Directing

E.

Distributing

Correct answer is E

No explanation has been provided for this answer.

2,007.

Which of the following gives a temporary protection to the insured while the policy is being drawn up?

A.

Proposal form

B.

Cover note

C.

Endorsement

D.

Ex qratia payment

E.

Certificate

Correct answer is B

No explanation has been provided for this answer.

2,008.

A stock exchange is a market for?

A.

old stocks of goods

B.

capital goods only

C.

raising new shares

D.

existing shares of quoted companies

E.

shares of unquoted companies

Correct answer is D

No explanation has been provided for this answer.

2,009.

Which of the following carries the bulk of goods involved in foreign trade?

A.

Cargo planes

B.

Cargo liners

C.

Tramp vessels

D.

Steam ship

E.

Tankers

Correct answer is C

No explanation has been provided for this answer.

2,010.

Which of the following is an example of a commercial occupation?

A.

Wrestling

B.

Welding

C.

Shipping

D.

Brick laying

E.

Tailoring

Correct answer is C

No explanation has been provided for this answer.