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.

266.

Sole proprietors finance their businesses through

A.

bonds and savings

B.

savings and bank overdrafts

C.

loans and mortgages

D.

bank overdrafts and leasing

Correct answer is B

No explanation has been provided for this answer.

267.

An association of two or that each cannot handle alone is

A.

a cartel

B.

an amalgamation

C.

a merger

D.

a syndicate

Correct answer is D

No explanation has been provided for this answer.

268.

The quickest and most accurate means of communication is

A.

fax

B.

telegram

C.

express mail

D.

railex

Correct answer is B

No explanation has been provided for this answer.

269.

The major advantage of using a vending machine is that

A.

all sales are automatic

B.

it operates for 24 hours

C.

it has a time limit

D.

it is easily accessible

Correct answer is D

No explanation has been provided for this answer.

270.

A system in which a group of persons are appointed to carry out special duties of policy and decision-making is referred to as the

A.

matrix structure

B.

staff structure

C.

committee structure

D.

functional structure

Correct answer is C

No explanation has been provided for this answer.