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.
The rate at which a country's exports exchange for its imports is called?
balance of payments
balance of trade
terms of delivery
terms of trade
counter trade
Correct answer is D
No explanation has been provided for this answer.
It is advantageous to provide services which are natural monopoly through?
sole trades
partnership
public limited liabilities companies
public enterprises
co-operative societies
Correct answer is D
No explanation has been provided for this answer.
The process whereby a firm buys over the assets and liabilities of another firm is known as?
amalgamation
cartel
factoring
holding
combine
Correct answer is D
No explanation has been provided for this answer.
a trespass
a nuisance
ultra vires
uberrimae fidei
caveat emptor
Correct answer is C
No explanation has been provided for this answer.
F.O.R
C & F
F.A.S
F.O.B
C.I.F
Correct answer is E
No explanation has been provided for this answer.