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 feature of sole proprietorship?
Issue of shares
Limited liability
Limited capital
Legal entity
Correct answer is C
No explanation has been provided for this answer.
Which of the following business must have at least one member with unlimited liability?
Limited liability company
Limited partnership
Nominal partnership
Public eneterprises
Correct answer is B
No explanation has been provided for this answer.
Branding is an aspect of marketing mix associated with?
price
product
place
distribution
Correct answer is B
No explanation has been provided for this answer.
The number of times the average stock of a business is sold within a given period is?
turnover
rate of turnover
sales return
current ratio
Correct answer is B
No explanation has been provided for this answer.
The mark-up of a retailer represents the?
gross profit
opening stock
closing stock
net profit
Correct answer is A
No explanation has been provided for this answer.