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 amount which a company is empowered to raise for a business is its
called-up-capital
nominal capital
paid-up capital
issued capital
working capital
Correct answer is A
No explanation has been provided for this answer.
Who among the following engages in manufacturing occupation?
Bricklayer
Carpenter
Miner
Musician
Spinner
Correct answer is B
No explanation has been provided for this answer.
The national headquarters of Niger Basin Commission is at
Lagos
Niamey
N’djamena
Yamasucro
Yaounde
Correct answer is B
No explanation has been provided for this answer.
Bus
Pipeline
Ship
Tanker
Correct answer is B
No explanation has been provided for this answer.
For a contract to be valid, there must be
drawee and drawer
insured and insurer
lessor and lessee
offer and acceptance
principal and agent
Correct answer is D
No explanation has been provided for this answer.