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.
The portion authorized capital made available to the public for subscription is?
called-up capital
paid-up capital
call in arrears
issued capital
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a function of the ports Authority?
Ensuring safe movement of ships
Collecting import and export duties
Providing warehouse services
Ensuring law and order in the harbours
Correct answer is C
No explanation has been provided for this answer.
When a bill is paid before its date at a lesser value, it is?
accepted
discounted
dishonoured
retired
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not used to correct adverse balance of payment?
Increasing imports
Increasing exports
Decreasing import
Devaluation
Correct answer is A
No explanation has been provided for this answer.
The extra commission for pledging full settlement of the wholesaler to the manufacturer?
Warehousing
Quality Control
Financing
Bulk -breaking
Correct answer is D
No explanation has been provided for this answer.