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 is a creditor legally bound to accept for settlement of a debt?
Bank draft
Bank note
Money order
Cheque
Correct answer is A
No explanation has been provided for this answer.
Agriculture operative banks are best classified under?
commercial banks
savings banks
merchant banks
specialized banks
Correct answer is D
No explanation has been provided for this answer.
stock
bonus issue
debenture
rights issue
Correct answer is A
No explanation has been provided for this answer.
bank draft
credit transfer
standing order
certified cheque
Correct answer is C
No explanation has been provided for this answer.
A person which decides what to produce and combines the other factors of production is the?
entrepreneur
distributor
engineer
retailer
Correct answer is A
No explanation has been provided for this answer.