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.
When an insurance policy is cleared void because of a false declaration the principle involved is?
indemnity
insurable interest
proximate cause
utmost good and favour ''?
Correct answer is D
No explanation has been provided for this answer.
a loan repayment
a current asset
an interest charged
a collateral society
a part of payment
Correct answer is D
No explanation has been provided for this answer.
Which of the following is formed primarily to promote savings and loans among members?
Consumers co-operative society
producer co-operative society
Co-operative wholesale soceity
Retail Co-operative society
Co-operative thrift and credit society
Correct answer is E
No explanation has been provided for this answer.
A cheque drawn by a bank on itself is a?
credit transfer
direct debt
certified cheque
bankdraft
Correct answer is D
No explanation has been provided for this answer.
Which of the following regulates and controls the activities of the Nigerian Stock Exchange?
Central Bank
Association of Commercial Banks
Securities and Exchange Commission (SEC)
Nigerian Association of Chambers of Commerce
Brokers and Jobbers
Correct answer is C
No explanation has been provided for this answer.