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.
The reward of land as a factor of production is known as?
interest
rent
profit
wages
toll
Correct answer is B
No explanation has been provided for this answer.
debenture holder
partner
sole proprietor
co-operative member
shareholder
Correct answer is D
No explanation has been provided for this answer.
A facility used for impressing pre-paid postage rate on letters is called?
vending machine
speed post
recorded delivery services
cash register
franking machine
Correct answer is E
No explanation has been provided for this answer.
A group of retailing shops under one management and selling then same products is known as?
multiple shop
supermarket
department stores
variety store
unit shop
Correct answer is A
No explanation has been provided for this answer.
Which of the following is an investor earns profit on the basis of his patronage?
debenture holder
partner
sole proprietor
co-operative member
shareholder
Correct answer is D
No explanation has been provided for this answer.