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.
At the collapse of a business enterprise, the person appointed to dispose of all assets is called
a broker
an auctioneer
a liquidator
an auditor
Correct answer is C
No explanation has been provided for this answer.
joint partnership
cooperative
corperation
joint venture
Correct answer is A
No explanation has been provided for this answer.
One major advantage of a credit and thrift cooperative is that
It can approach government for loan
It encourages saving habit
there are no legal restrictions
each member has a vote during meetings
Correct answer is B
No explanation has been provided for this answer.
a passive partner
an active partner
a dormant partner
a nominal partner
Correct answer is C
No explanation has been provided for this answer.
Which of the following services does a lawyer render?
industrial services
indirect services
direct services
commercial services
Correct answer is C
No explanation has been provided for this answer.