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 has no limit to its membership?
Ordinary partnership
Private Limited Company
Limited partnership
Cooperative society
Correct answer is D
No explanation has been provided for this answer.
Which of the following is concerned with actual production of goods and services?
Commerce
Trade
Industry
Service
Correct answer is C
No explanation has been provided for this answer.
Transforming raw materials into finished products is an example of?
primary production
secondary production
tertiary production
direct service
Correct answer is B
No explanation has been provided for this answer.
The distribution and exchange of goods and services for the satisfaction of wants in the concern of?
production
utility
commerce
industry
Correct answer is C
No explanation has been provided for this answer.
Which of the following classes of occupation would you place a doctor?
Extractive
Commerce
Direct services
Indirect services
Correct answer is C
No explanation has been provided for this answer.