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.
A warehouse which is used to store goods whose customs duty is not yet paid is a?
wholesale warehouse
bonded warehouse
public warehouse
branded warehouse
Correct answer is B
A bonded warehouse is a customs-controlled warehouse for the retention of imported goods until the duty owed is paid.
conglomerate
chain stores
departmental store
suppermarket
Correct answer is B
Chain stores are a group of numerous stores usually retail stores, having the same ownership and selling the same lines of goods.
A source of capital that has elements of debt and equity is a?
debenture
warrant
loan
share
Correct answer is D
No explanation has been provided for this answer.
bull
bear
dealer
stag
Correct answer is A
A bull market is the condition of a financial market in which prices are rising or are expected to rise. A stock market player who buys securities in the hope that the prices will rise in the future is called a bull.
A trader who gives credit stands to enjoy?
higher profit
cash discount
increased sales
trade discount
Correct answer is C
When a company sells on credit, it attracts new customers who would otherwise not buy from the company. This leads to increased sales volume