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 value of money is measured by the
amount of goods and services a unit of it can purchase
amount of its unit people can hold
ease at which people can spend a unit of it
quantity of it in circulation
rate of national development
Correct answer is A
No explanation has been provided for this answer.
agency
copyright
guarantee
lien
patent
Correct answer is D
No explanation has been provided for this answer.
Who among the following assess goods on arrival at a port?
Agent
Customs
Importer
Shipping company
Ship owner
Correct answer is B
No explanation has been provided for this answer.
The prospectus of a company must include
names and addresses of management staff
the certificate of incorporation
the directors remuneration
the value of annual dividend
types of shares available and their cost
Correct answer is B
No explanation has been provided for this answer.
Business transactions are usually based upon agreements known as
confidence
contract
good-will
proposal
understanding
Correct answer is B
No explanation has been provided for this answer.