Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is a function of a stock brokerGiving investment advice
Provision of short-term capital
Giving investment advice
Regulation of stock exchange practices
Granting of loans to investors
Correct answer is D
No explanation has been provided for this answer.
When a quotation is marked C.W.O , it means
no credit facility is allowed
no discount is allowed
the buyer should beware
the seller should beware
Correct answer is A
No explanation has been provided for this answer.
Time policy in insurance is associated with
motor vehicles
ships at sea
life endowment
goods in transit
Correct answer is D
No explanation has been provided for this answer.
A retail outlet is described as a multiple shop when it
has many shops under one roof
sells goods which are not standardized
sells through catalogue
deals in one line of goods
Correct answer is A
No explanation has been provided for this answer.
Cumulative preference share
Preference share
Deferred share
Ordinary share
Correct answer is D
No explanation has been provided for this answer.