Commerce

Which of the following is legally used by the insured while the policy is being processed?

A. Cover note B. Proposal form C. Indemnity form D. Premium E. Claim Form Correct Answer: Option A - Cover…

6 years ago

In the capital structure of a Public Limited Company, the term equity refers to?

A. preference shares B. ordinary shares C. debentures D. stocks E. bonds Correct Answer: Option B - ordinary shares

6 years ago

The time allowed for unloading and loading ships is referred to as?

A. days of grace B. charter by demise C. voyage charter D. time charter E. lay days Correct Answer: Option…

6 years ago

Price lists, catalogues and COD are mainly used in operating?

A. chain stores B. supermarkets C. department stores D. mail-order business E. hypermarkets Correct Answer: Option D - mail-order business

6 years ago

Which of the following is not a method of selling?

A. Self-services B. Exhibition C. Mail Order D. Stock control E. Automatic vending Correct Answer: Option D - Stock control

6 years ago

The Third Party Motor Vehicle Insurance Policy covers damages?

A. to both passengers and vehicle B. caused by the vehicle insured C. to all parties concerned D. to all…

6 years ago

A speculator who applies for new stocks and shares with the intention of selling them them at higher price is a?

A. bull B. stag C. bear D. jobber E. broker Correct Answer: Option B - stag

6 years ago

Which of the following is a disadvantage of road transport?

A. Takes an available route B. Fast over short distances C. Increased handling of goods D. Offers door-to-door services E.…

6 years ago