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.
Which of the following is not used by the Central Bank to restrict lending by commercial banks?
Management of national debt
Reserve Requirement
Open Market Operations
Special Deposit
Cash ratio
Correct answer is A
No explanation has been provided for this answer.
An agreement between two parties which can be enforced is called?
an agency
a contract
a consideration
an offer
a warranty
Correct answer is B
No explanation has been provided for this answer.
A business that has no upper limit to the number of owners is?
partnership
private company
public corporation
finance company
public limited company
Correct answer is E
No explanation has been provided for this answer.
authorised capital
issued capital
net worth of a business
fixed assets of a business
public limited company
Correct answer is C
No explanation has been provided for this answer.
A group of persons that agrees to pool its resources to achieve a particular objective is known as?
consortium
holding company
cartel
trust
subsidiary company
Correct answer is A
No explanation has been provided for this answer.