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.
Third party insurance covers, damages?
to both passengers and the vehicle
caused by the vehicle insured
to all parties concerned
to both vehicles involved
to the insured vehicle only
Correct answer is B
No explanation has been provided for this answer.
voluntary chain
producer co-operative society
multiple store
departmental store
hypermarket
Correct answer is B
No explanation has been provided for this answer.
The capital that is needed to meet the day-to-day running of a business is the?
fixed capital
reserved capital
circulating capital
liquid capital
capital employed
Correct answer is C
No explanation has been provided for this answer.
A person who wants to undertake an insurance policy usually completes?
a proposal form
a promotion form
an application form
an agreement form
a subscription form
Correct answer is A
No explanation has been provided for this answer.
A bank whose name is printed on a cheque leaf is known as the?
drawer
payer
drawee
payee
acceptor
Correct answer is C
No explanation has been provided for this answer.