Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The relationship between a country’s visible imports and exports in a trading year is known as
balance of payment
balance of trade
counter trade
international trade
terms of trade
Correct answer is B
No explanation has been provided for this answer.
Prospectus in relation to a public limited inability company means
a document for allocation of shares to the public
a document stating the types or shares
a document where the names of shareholders are written
an invitation to the public to buy shares
an invitation to the public to collect dividends
Correct answer is D
No explanation has been provided for this answer.
brokerage
commission
contango
interest
jobbers turn
Correct answer is E
No explanation has been provided for this answer.
Banks issue cheque books to customers holding ......... accounts.
current
deposit
fixed deposit
foreign
savings
Correct answer is A
No explanation has been provided for this answer.
Which of the following warehouse is generally found near a port?
bonded warehouse
distributor's warehouse
manufacturer’s warehouse
producer’s warehouse
wholesaler’s warehouse
Correct answer is A
No explanation has been provided for this answer.