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 state of scientific knowledge and production process obtainable in a country is part of the?
economic environment of business
political environment of business
legal environment of business
techonolgical environment of business
cultrual environment of business
Correct answer is D
No explanation has been provided for this answer.
The value stated on the share certificate as opposed to the current value is called?
premium value
exchange value
nominal value
discount value
market value
Correct answer is C
No explanation has been provided for this answer.
One of the reasons for national of industries is?
for efficient management
to comtrol corruoption and nepotism
increase the number of shareholders
to control corruption performance of strategic industries
to drive away foreign investors
Correct answer is D
No explanation has been provided for this answer.
The practice of selling in foreign markets at less than cost price is known as?
fair trading
over-invoicing
smugging
hedging
dumping
Correct answer is E
No explanation has been provided for this answer.
indemnity
subrogation
insurable interest
proximate cause
utmost good faith
Correct answer is D
No explanation has been provided for this answer.