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.
contribution
indemnity
insurable interest
subrogation
utmost good faith
Correct answer is B
No explanation has been provided for this answer.
The association that encourages savings for the benefit of its members is known as
Consumer co-operative society
Credit and thrift co-operative society
Consumer association
Producer co-operative society
Producer association
Correct answer is B
No explanation has been provided for this answer.
The organisation of petroleum exporting countries (OPEC) is an example of a/n......
amalgamation
cartel
consortium
holding company
merger
Correct answer is B
No explanation has been provided for this answer.
The major divisions of commerce are
buying and selling
export and import
foreign and home
trade and aids to trade
wholesale and retail
Correct answer is D
No explanation has been provided for this answer.
A statement of nominal capital
A statutory declaration signed by a solicitor
Articles of Association
Memorandum of Association
The balance sheet of the company
Correct answer is E
No explanation has been provided for this answer.