Commerce

A voluntary association which consists of people who represent a cross-section of business interests in an area is a?

A. Trade Association B. Trade Union C. Chamber of Commerce D. Consumer's Association Correct Answer: Option A A. Trade Association…

6 years ago

A postal service that allows a company’s customers to reply to its advertisements at the expense of the company is?

A. recorded delivery service B. post restante C. express delivery service D. business reply service Correct Answer: Option C C.…

6 years ago

A business obtains part of its short-term capital from?

A. bonds B. debentures C. trade credit D. ordinary shares Correct Answer: Option C C. trade credit Explanation Trade credit…

6 years ago

A person who contributes money to a partnership business and is also involved in its general supervision is called?

A. An active partner B. a limited partner C. A dormant partner D. a nominal partner Correct Answer: Option A…

6 years ago

The part of authorized capital of a company sold to shareholders is?

A. paid-up capital B. called-up capital C. issued capital D. nominal capital Correct Answer: Option A A. paid-up capital

6 years ago

The issue of Certificate of Incorporation to a company means that it has?

A. started production B. legally come into being C. appointed a board of directors D. merged with another company Correct…

6 years ago

One of the functions of a central bank is to?

A. perform supervisory role among all the banks in the country B. provide the means of payment to individuals C.…

6 years ago

A system of buying goods by an agent where the supplier is determined by the principal is?

A. tied shop B. closed shop indent C. open indent D. ring trading Correct Answer: Option C C. open indent

6 years ago

Carpentry is an activity classified under?

A. extractive occupation B. tertiary occupation C. commercial occupation D. constructive occupation Correct Answer: Option D D. constructive occupation

6 years ago

A system of buying products from a machine is known as?

A. Impulse buying B. branding C. automatic vending D. loss leader Correct Answer: Option C C. automatic vending

6 years ago