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.
Re-exporting imported goods to another country is known as ........ trade.
barter
counter
entreport
invisible
visible
Correct answer is C
No explanation has been provided for this answer.
Which of the following risks would an insurance company not prepared to cover?
Change in fashion
Death resulting from HIV
Loss of cash in transit
Numerous employees
Theft of property
Correct answer is A
No explanation has been provided for this answer.
Which of the laws of consumers protection fixes the rate of interest that may be charged on loans?
Food and Drug Act
Hire Purchase Laws
Price Control Decree
Sale of Goods Act
Usury Laws
Correct answer is E
No explanation has been provided for this answer.
finance
management and administration
publicity
production
packing and dispatch
Correct answer is D
No explanation has been provided for this answer.
The amount which a company is empowered to raise for a business is its
called-up-capital
nominal capital
paid-up capital
issued capital
working capital
Correct answer is A
No explanation has been provided for this answer.