Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The department responsible for recruitment and promotion of staff is
finance
legal
personnel
production
purchases
Correct answer is C
No explanation has been provided for this answer.
The final stage in the production process is
consumption
manufacturing
retailing
warehousing
wholesaling
Correct answer is A
No explanation has been provided for this answer.
Who among the following engages in extractive activities?
Flour miller
Fisherman
Porter
Singer
Surgeon
Correct answer is B
No explanation has been provided for this answer.
A public limited company is regarded as a legal entity because
it can sue and be sued
it cannot be liquidated
it has a memorandum of association
the death of the largest shareholder cannot bring it to an end
the government grants it licence
Correct answer is A
No explanation has been provided for this answer.
A ship which has no fixed schedule and travels wherever it can find cargoes to carry is a
boat
ferry
liner
tanker
tramp
Correct answer is E
No explanation has been provided for this answer.