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 policies could be taken for a guaranteed life income?
Endowment assurance
Household policy
Annuity
personal accident insurance
Consequential loss insurance
Correct answer is C
No explanation has been provided for this answer.
A bill of exchange to which document of title are attached is known as?
documentary credit
certified bill
documentary bill
irrevocable bill
bill of lading
Correct answer is C
No explanation has been provided for this answer.
An organization chart shows the?
relative position of employeesin a firm
customers position in a firm
order in which tasks should be tackled
specification of various jobs in a firm
the profit position of the firm
Correct answer is A
No explanation has been provided for this answer.
Equity interest in a company is represented by?
preference shares
retained earnings
debentures
bonds
ordinary shares
Correct answer is E
No explanation has been provided for this answer.
The consumer is always right. This describes the doctrine of?
social responsibility
consumer movement
consumer sovereignty
consumer protection
caveat venditor
Correct answer is C
No explanation has been provided for this answer.