Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
A fixed deposit account is beneficial to its holders because
cheques can be issued to settle huge debts
customers can become shareholders of the bank
it attracts higher interest rate
it allows customers overdraw their accounts
Correct answer is C
No explanation has been provided for this answer.
Buying on impulse is encouraged by
co-operative shops
hawkers
supermarket
mail order firms
Correct answer is C
No explanation has been provided for this answer.
The entertainment industry is classified under
extractive industry
manufacturing industry
constructive industry
commercial industry
Correct answer is D
No explanation has been provided for this answer.
entrepot trade
dumping
hedging
counter trade
Correct answer is B
No explanation has been provided for this answer.
In insurance, risks that have no statistics for their calculations are
insurable risks
certain risks
un-insurable risks
uncertain risks
Correct answer is C
No explanation has been provided for this answer.