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.
letter of credit
documentry credit
bill of lading
sight draft
bill of exchange
Correct answer is E
No explanation has been provided for this answer.
An overdraft is usually granted a?
savings account holder
deposit account holder
current account holder
loan account holder
fixed deposit account holder
Correct answer is C
No explanation has been provided for this answer.
An author's exclusive right to published and unpublished works is known as?
patent right
fundaamental human right
copyright
authorship
constitutional right
Correct answer is C
No explanation has been provided for this answer.
premium
indemnity
proximate cause
utmost good faith
general average cause
Correct answer is B
No explanation has been provided for this answer.
The amount paid by the assured to the insurer is called?
interest
premium
dividend
indemnity
surrender value
Correct answer is B
No explanation has been provided for this answer.