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.
The form of business financing which involves pledging of a specific asset is
debenture
mortgage
loan
bond
Correct answer is B
No explanation has been provided for this answer.
Leasing is the right to use asset for an agreed period in return for
profit
interest
wages
rents
Correct answer is D
No explanation has been provided for this answer.
A term which indicates that share is temporarily suspended is
ex-dividend
cum-dividend
bond
stock
Correct answer is A
No explanation has been provided for this answer.
One type of investment that have a variable income is
debentures
preferred shares
government bonds
ordinary shares
Correct answer is D
No explanation has been provided for this answer.
supension of businesss for one year
special resolution of members
reduction in the number of members below the legal minimum
inability to pay it debts
Correct answer is B
No explanation has been provided for this answer.