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 bank form used to transfer money from personal to creditor's account is called?
debits transfer form
credit transfer form
customers transfer form
banks transfer form
Correct answer is A
No explanation has been provided for this answer.
The Central Bank differs from commercial banks because it?
renders service to customers
carries out foreign exchange transactions
issues currencies
discounts bills
Correct answer is C
No explanation has been provided for this answer.
N320
N420
N460
N560
Correct answer is A
No explanation has been provided for this answer.
The insurance principle that requires full disclosure of information on the insured is known as
indemnity
uberrimae fidei
subrogation
caveat emptor
Correct answer is B
No explanation has been provided for this answer.
Tourists with no fixed address in a town may receive their letters from the post office through a
recorded delivery
poste restante
parcel post
postmaster
Correct answer is B
No explanation has been provided for this answer.