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.

3,151.

When a firm speaker of stock appreciation, it refers to

A.

change in the value of its stocks resulting from price movement

B.

increase in the price of it shared quoted on the stock exchange

C.

an unexpected increase in the demand of its stock

D.

the value of its stock in the stock exchange

Correct answer is C

No explanation has been provided for this answer.

3,152.

A markets where new shares are trade is known

A.

primary market

B.

stock exchange

C.

secondary markets

D.

money market

Correct answer is A

No explanation has been provided for this answer.

3,153.

Commercial banks are referred to as departmental stores of banking because they

A.

have many branches

B.

have many customers

C.

are found in the cities

D.

offer many types of services

Correct answer is D

No explanation has been provided for this answer.

3,154.

Bank giro is a system where?

A.

commercial banks can give loan to all customers

B.

a central bank opens account for commercial banks

C.

a customer uses cheque to pay serveral bills

D.

a customer closes his account by writting cheque

Correct answer is D

No explanation has been provided for this answer.

3,155.

The cost that raises from failure to load or unload a ship at the port within a stipulated period is known as

A.

excess charges

B.

demurrage charges

C.

permium charges

D.

trade charges

Correct answer is B

No explanation has been provided for this answer.