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.
A cheque bearing a date showing that it was issued more than six months ago is termed a
blank cheque
bearer cheque
stale cheque
order cheque
Correct answer is C
No explanation has been provided for this answer.
trading certificate
prospectus
certificate of incorporation
memorandum of association
Correct answer is A
No explanation has been provided for this answer.
The distribution of goods creates
time utility
place utility
form utility
possession utility
Correct answer is A
No explanation has been provided for this answer.
Foreign trade is concerned with
exchange of goods and services among companies
buying and selling of imported goods
exchange of goods and services among citizens
buying and selling of goods and services among countries
Correct answer is D
No explanation has been provided for this answer.
An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is
brokerage
backwardation
contango
commission
Correct answer is B
No explanation has been provided for this answer.