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.
conglomerate
chain stores
departmental store
suppermarket
Correct answer is B
Chain stores are a group of numerous stores usually retail stores, having the same ownership and selling the same lines of goods.
A source of capital that has elements of debt and equity is a?
debenture
warrant
loan
share
Correct answer is D
No explanation has been provided for this answer.
bull
bear
dealer
stag
Correct answer is A
A bull market is the condition of a financial market in which prices are rising or are expected to rise. A stock market player who buys securities in the hope that the prices will rise in the future is called a bull.
A trader who gives credit stands to enjoy?
higher profit
cash discount
increased sales
trade discount
Correct answer is C
When a company sells on credit, it attracts new customers who would otherwise not buy from the company. This leads to increased sales volume
An account maintained with a commercial bank for the purpose of foreign exchange transaction is the?
foreign account
international account
domiciliary account
foreign reserves account
Correct answer is C
A domiciliary account is a special kind of bank account that allows you to receive and make payments in foreign currencies.