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.
capital
convenience
giffen
industrial
specialty
Correct answer is A
No explanation has been provided for this answer.
An already existing line of product is advertised in order to
build brand recognition
develop customers’ awareness
entertain customers
introduce a price deal
retain old customers
Correct answer is E
No explanation has been provided for this answer.
balance sheet
petty cash voucher
receipt
statement of account
voucher
Correct answer is D
No explanation has been provided for this answer.
indemnity
insurable interest
pooling of risks
subrogation
uberrimae tides
Correct answer is B
No explanation has been provided for this answer.
What is a characteristic of a public limited company?
The dividend is shared equally
Shares are not dealt with in the stock exchange
Shares are offered freely to members
The liabilities are not limited
There is no limit to the number of members
Correct answer is E
No explanation has been provided for this answer.