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 most important function of commerce is?
helping people to improve thir profits
facilitaing exchanges among indiviuals and firms
assisting trade through banking and insurance
enhancing business relationships
Correct answer is B
No explanation has been provided for this answer.
The merger of a textile mill, a cement company and a tannery is referred to as?
conglomerate merger
horizontal merger
lateral merger
vertiical merger
Correct answer is B
No explanation has been provided for this answer.
A written partnership contract is known as?
an invoice
a deed
a prospectus
a proposal
Correct answer is B
No explanation has been provided for this answer.
rejuvenation
focus
diversification
consolidation
Correct answer is C
No explanation has been provided for this answer.
An action taken by a company outside its object clause is regarded as?
ultra vires
a trespass
uberrima fides
caveat emptor
Correct answer is A
No explanation has been provided for this answer.