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 an example of itinerant trading?
Moblie shops
Mail order Business
Stall holding
Selling from kiosk
Correct answer is A
No explanation has been provided for this answer.
A business firm which controls more than half of another firm's equity is a?
holding company
consortium
cartel
syndicate
Correct answer is A
No explanation has been provided for this answer.
Which of the following requires a certificate of trading to start business?
Partnership
Private Limited Company
Cooperative society
Public Limited Company
Correct answer is D
No explanation has been provided for this answer.
Which of the following is used to advertise of a company?
Memorandum of association
Articles of association
Certificate of incorporation
Prospectus
Correct answer is D
No explanation has been provided for this answer.
Which of the following is most appropriate for a "Cash with order" terms of sale?
Proforma invoice
Credit note
Debit note
Consignment note
Correct answer is B
No explanation has been provided for this answer.