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.
Foreign trade transactions are carrried out through the use of
commercial papers
bank drafts drawn by commercial banks on their foreign braches
irrevocably confirmed letters of credit
letters of credit authenticated by embassies
Correct answer is C
No explanation has been provided for this answer.
information and communication technology is advantageous to the banking industry because
overhead cost is reduced
the number of customers increases
service delivery is fast
interest rates are raised
Correct answer is C
No explanation has been provided for this answer.
shareholders
promoters
directors
entrepreneur
Correct answer is B
No explanation has been provided for this answer.
The profit received by a member of a cooperative society is
a rebate
an allowance
a dividend
a share
Correct answer is C
No explanation has been provided for this answer.
Free editorial space or time not paid for by an organization is called
sales promotion
publicity
public relations
advertisement
Correct answer is B
No explanation has been provided for this answer.