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.
Founders shares are usually referred to as deferred shares because the holders?
are not entitled to any dividend
receives their dividends before other share holders
are the managers of the company
receive dividends after other shareholders
are entitled to accumulative dividends
Correct answer is D
No explanation has been provided for this answer.
A business unit whose membership ranges from 2-50 is a?
public corporation
partnership
public company
private company
co-operative society
Correct answer is D
No explanation has been provided for this answer.
Incorporation simply means the?
floating of a company
reorganization of a company
birth of a company
registration of the Memorandum of Association
appointment of a new Board of Directors
Correct answer is C
No explanation has been provided for this answer.
Any action taken by a company outside its stated objective is regarded as?
caveat vendetta
Trepass
ultra vires
uberrimae fidei
a nuisance
Correct answer is C
No explanation has been provided for this answer.
Which of the following statements is true of the manufacturing industry?
The factors of production cannot move to other occupations
It is involved in changing raw materials to finished goods
Its product cannot be distributed to consumers
It doesn't not benefit from the services of direct labour
The workers are unskilled
Correct answer is B
No explanation has been provided for this answer.