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.
Which of the following provides a proof posting and that the item has got to the addressee?
Certificate of posting
Recorded delivery
Registration latter
Express letter
Correct answer is B
No explanation has been provided for this answer.
Who the following sells among securities in anticipation of a fall in price?
Bear
Stag
Jobber
Bull
Correct answer is A
No explanation has been provided for this answer.
indemnity
suborgation
contribution
insurable interest
Correct answer is B
No explanation has been provided for this answer.
Fidelity guarantee insurance
Consequential loss insurance
Products' liability insurance
Employers' liability company
Correct answer is D
No explanation has been provided for this answer.
The process of dealing with a cheque once it has been paid into the creditor's bank is?
clearing
accepting
negotiating
discounting
Correct answer is A
No explanation has been provided for this answer.