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.
at par
ex dividend
cum dividend
at premium
Correct answer is D
Shares are said to be sold at a premium when it is sold for an amount higher than the nominal value. The amount in excess of the face value is the premium.
In the case, the premium is 20k
Which of the following is not a means of transportation by water
Canoes
Launches
Tramps
Carts
Correct answer is D
A cart is a wheel-like vehicle used for the transportation of farm produce or for the carrying of goods/loads while shopping. They are different types of carts. While the modern and most popular ones are used in shopping malls, a typical cart is usually stripped to a horse who pull them about.
It is not a form of water transportation
taxation
quotas
specialization
good supervision
Correct answer is C
No explanation has been provided for this answer.
A private limited company differs from a public limited company because it
offers rights issues to existing shareholders
has a separate entity from the owners
cannot easily transfer shares
declares dividend
Correct answer is C
No explanation has been provided for this answer.
Which of the following features is common to all retailers
Operating as sole-proprietors
Selling to the final consumers
Operating with small capital
Selling on hire purchase to consumers
Correct answer is B
Standing as the last man who sells directly to consumers is one of the functions applicable to almost all retailers.