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.
A bank may dishonour a cheque if?
it is not crossed
an alteration on the cheque is initiated
the amount on the cheque is less than the amount in the account
it has been endorsed to a third party
the amount on the cheque is more than the amount in the account
Correct answer is E
No explanation has been provided for this answer.
Third party insurance covers, damages?
to both passengers and the vehicle
caused by the vehicle insured
to all parties concerned
to both vehicles involved
to the insured vehicle only
Correct answer is B
No explanation has been provided for this answer.
voluntary chain
producer co-operative society
multiple store
departmental store
hypermarket
Correct answer is B
No explanation has been provided for this answer.
The capital that is needed to meet the day-to-day running of a business is the?
fixed capital
reserved capital
circulating capital
liquid capital
capital employed
Correct answer is C
No explanation has been provided for this answer.
A person who wants to undertake an insurance policy usually completes?
a proposal form
a promotion form
an application form
an agreement form
a subscription form
Correct answer is A
No explanation has been provided for this answer.