Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
One major advantage of a credit and thrift cooperative is that
It can approach government for loan
It encourages saving habit
there are no legal restrictions
each member has a vote during meetings
Correct answer is B
No explanation has been provided for this answer.
a passive partner
an active partner
a dormant partner
a nominal partner
Correct answer is C
No explanation has been provided for this answer.
Which of the following services does a lawyer render?
industrial services
indirect services
direct services
commercial services
Correct answer is C
No explanation has been provided for this answer.
Land as a factor of production does not vary in?
quantity
nature
quality
cost
Correct answer is A
No explanation has been provided for this answer.
A distinguishing characteristic of labour is that it is
constant
expensive
mobile
cost
Correct answer is C
No explanation has been provided for this answer.