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
Proxirnate cause
Subrogation
Utmost good faith
Correct answer is C
No explanation has been provided for this answer.
When manufacturers sell directly to consumers they have eliminated
advertising agents
brokers
middleman
retailers only
wholesalers
Correct answer is C
No explanation has been provided for this answer.
Short-term loan to expand a business is provided by
building societies
central bank
commercial banks
cooperative societies
mortgage banks
Correct answer is C
No explanation has been provided for this answer.
Equity of a company is another name for....... shares.
cumulative preference
founders
ordinary
preference
redeemable preference
Correct answer is C
No explanation has been provided for this answer.
The drawer of a cheque is usually the
banker
creditor
debtor
payee
presenter
Correct answer is C
No explanation has been provided for this answer.