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.
does not work hard
lent his name to the business
has limited liability
does not partake in running the business
Correct answer is D
No explanation has been provided for this answer.
A transporter who offers to carry goods for anyone at a fee is called
a national carrier
a common carrier
a private carrier
an independent carrier
Correct answer is B
No explanation has been provided for this answer.
cheques and coins
bank drafts and cheques
currency notes and coins
money order and currency notes
Correct answer is C
No explanation has been provided for this answer.
The process of dividing market into identifiable sub-markets is known as
marketing concept
market segmentation
market research
market orientation
Correct answer is B
No explanation has been provided for this answer.
Which of the following terms is used in marine insurance when the cargo suffers partial loss?
General Average
Particular Average
Floating Policy
Open Cover
Correct answer is B
No explanation has been provided for this answer.