Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The method by which insurance companies spread their risk to other insurance companies is called?
double insurance
under-insurance
re-insurance
over- insurance
underwriting
Correct answer is C
No explanation has been provided for this answer.
Patent Right gives the owner the exclusive right to?
produce any type of goods
his invention
form a new business
sell to other maunfacturer
produce the same goods with other manufacturers
Correct answer is B
No explanation has been provided for this answer.
Activities aimed at creating an image foe an organization are known as?
advertising
market research
public relation
exhibition
mass marketing
Correct answer is C
No explanation has been provided for this answer.
utlized lay days
unsed lay days
exceeding lay days
damaged cargo
jettisoned cargo
Correct answer is C
No explanation has been provided for this answer.
The ship owner's receipt for the goods accepted for carriage in a ship is called?
ship manifest
charter party
mate's receipt
bill of exchange
bill of lading
Correct answer is E
No explanation has been provided for this answer.