Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
employer liability insurance
loss policy
utmost good faith policy
group insurance
fidelity guarantee policy
Correct answer is E
No explanation has been provided for this answer.
Which of the following is a non-insurable risk?
Loss from fire accident
Loos from accident and sickness
Fidelity guarantee
Burglary
Loss from staking in lotteries
Correct answer is E
No explanation has been provided for this answer.
Commercial banks deposits with the Central Bank help to?
increase loan prospects
control the supply of money credits
check bank frauds
increase bank customers
encourage rural banking services
Correct answer is B
No explanation has been provided for this answer.
Indent
Open indent
Closed indent
Export order
Import order
Correct answer is B
No explanation has been provided for this answer.
A cheque dated 5/8/91 was dishonoured because it was a?
Certified cheque
Marked cheque
Specially crossed cheque
Post-dated cheque
Stale cheque
Correct answer is D
No explanation has been provided for this answer.