Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,476.

A communication process providing information for decision-making in an organization is the?

A.

Management information System

B.

Transmission Control Protocol

C.

Information Retrieval System

D.

File Transfer Protocol

Correct answer is C

No explanation has been provided for this answer.

2,477.

Second-tier Securities Market differ from the First-tier Securities Market in that the former is?

A.

highly restricted

B.

regulated by the SEC

C.

regulated by the NIPC

D.

less restricted

Correct answer is D

The First Tier Securities Market provides a forum for buying and selling of shares of companies in the market. The First-Tier markets are for well established large scale. companies.

 A second-tier security market is a market where securities of companies that cannot be traded in the first-tier security market are quoted. It is for smaller companies which are unable to meet the requirements for listing on the more stringent segment (main market) of the Exchange

2,478.

A broker is an agent who links a potential investor with?

A.

a shareholder who wants to register a company

B.

other members of the exchange who want to trade

C.

governement official on the exchange

D.

a quoted company

Correct answer is D

A stockbroker is a professional who executes buy and sell orders for stocks and other securities on behalf of clients.

2,479.

An example of a trade association is?

A.

ALGON

B.

NLC

C.

NURTW

D.

NULGE

Correct answer is A

No explanation has been provided for this answer.

2,480.

A source of business financing which involves pledging of a specific assets is?

A.

bond

B.

mortage

C.

debentures

D.

loan

Correct answer is B

A mortgage is a loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) wherein the borrower receives cash upfront then makes payments over a set time span until he pays back the lender in full.