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.

2,106.

Which of the following is responsible for advertising vacant positions existing in companies?

A.

Sales Department

B.

Public Relation Department

C.

Personal Department

D.

Marketing Department

E.

Financial Department

Correct answer is C

No explanation has been provided for this answer.

2,107.

The policy which safeguards the employer from loss sustained as a result of fraudulent acts of his workers is the?

A.

employer liability insurance

B.

loss policy

C.

utmost good faith policy

D.

group insurance

E.

fidelity guarantee policy

Correct answer is E

No explanation has been provided for this answer.

2,108.

Which of the following functions is not performed by as small retailer?

A.

Selling in units to consumers

B.

Financing producers

C.

Buying from wholesaler

D.

Selling goods on credits

E.

Stocking a variety of goods

Correct answer is B

No explanation has been provided for this answer.

2,109.

Which of the following is a non-insurable risk?

A.

Loss from fire accident

B.

Loos from accident and sickness

C.

Fidelity guarantee

D.

Burglary

E.

Loss from staking in lotteries

Correct answer is E

No explanation has been provided for this answer.

2,110.

Commercial banks deposits with the Central Bank help to?

A.

increase loan prospects

B.

control the supply of money credits

C.

check bank frauds

D.

increase bank customers

E.

encourage rural banking services

Correct answer is B

No explanation has been provided for this answer.