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 computer that can be used in weather forecast is?
a hybrid computer
an analog computer
a marineframe computer
a digital computer
Correct answer is D
No explanation has been provided for this answer.
The mode of transportation that conveys a limited variety of products through fixed laid routes is?
waterways
road
rail
pipeline
Correct answer is D
No explanation has been provided for this answer.
An important social reason for development tourism in Nigeria is the?
promotion of culture interaction
provision of job oppurtunities
improvement of he balance of payments
encouragement of international relations
Correct answer is A
No explanation has been provided for this answer.
Payment made to the insured by the insurer outside its legal obligation is?
premium paid
ex gratia payment
surrender value
sum assured
Correct answer is B
No explanation has been provided for this answer.
An employer insures against his employees' dishonesty by taking up?
fidelity guarantee insurance
accident insurance
group life assurance
endowment policy
Correct answer is A
Fidelity guarantee insurance covers the insured against losses suffers as a result of employees' dishonesty, misappropriations of funds, and fraudulent conversion of the company's fund.