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 purchase of one company by another is called?
incorporation
merger
cartel
nationalization
privatization
Correct answer is B
No explanation has been provided for this answer.
Which of the following documents transfers title to goods?
bill of exchange
treasure bill
bill of lading
bill of sight
bill of sale
Correct answer is C
No explanation has been provided for this answer.
excise duties
dock dues
customary dues
customs officers'' duties
import tariffs
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not a reason for imposing a tariff? to
correct an adverse balance of payments
raise revenue for the government
encourage imports
protect infant industries
encourage the consumption of home-produced goods
Correct answer is C
No explanation has been provided for this answer.
A document that regulates the internal operations of a company is known as?
memorandum of association
articles of association
prospectus
certificate of incorporation
certificate of trading
Correct answer is B
No explanation has been provided for this answer.