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.

2,806.

The acronym PLC is used to identify a?

A.

company limited by shares

B.

private company limited by shares

C.

public company limited by shares

D.

company limited by guarantee

Correct answer is C

No explanation has been provided for this answer.

2,807.

The most important function of commerce is?

A.

helping people to improve thir profits

B.

facilitaing exchanges among indiviuals and firms

C.

assisting trade through banking and insurance

D.

enhancing business relationships

Correct answer is B

No explanation has been provided for this answer.

2,808.

The merger of a textile mill, a cement company and a tannery is referred to as?

A.

conglomerate merger

B.

horizontal merger

C.

lateral merger

D.

vertiical merger

Correct answer is B

No explanation has been provided for this answer.

2,809.

A written partnership contract is known as?

A.

an invoice

B.

a deed

C.

a prospectus

D.

a proposal

Correct answer is B

No explanation has been provided for this answer.

2,810.

The strategy adopted by a firm that ceases to operate at one or more locations because of inactivity is?

A.

rejuvenation

B.

focus

C.

diversification

D.

consolidation

Correct answer is C

No explanation has been provided for this answer.