Commerce

A cheque bearing a date showing that it was issued more than six months ago is termed a?

A. blank cheque B. bearer cheque C. stale cheque D. order cheque Correct Answer: Option C C. stale cheque

6 years ago

The documents issued by the Registrar of companies which allows a public company to commence business is called?

A. trading certificate B. prospectus C. certificate of incorporation D. memorandum of association Correct Answer: Option A A. trading certificate

6 years ago

The distribution of goods creates?

A. time utility B. place utility C. form utility D. possession utility Correct Answer: Option A A. time utility

6 years ago

Foreign trade is concerned with?

A. exchange of goods and services among companies B. buying and selling of imported goods C. exchange of goods and…

6 years ago

An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is?

A. brokerage B. backwardation C. contango D. commission Correct Answer: Option A A. brokerage

6 years ago

A fixed deposit account is beneficial to its holders because?

A. cheques can be issued to settle huge debts B. customers can become shareholders of the bank C. it attracts…

6 years ago

Buying on impulse is encouraged by?

A. co-operative shops B. hawkers C. supermarket D. mail order firms Correct Answer: Option C C. supermarket

6 years ago

The entertainment industry is classified under?

A. extractive industry B. manufacturing industry C. constructive industry D. commercial industry Correct Answer: Option D D. commercial industry

6 years ago

The practice of selling goods in foreign countries at lower prices than obtainable int he exporting country is known as?

A. entrepot trade B. dumping C. hedging D. countertrade Correct Answer: Option B B. dumping

6 years ago

In insurance, risks that have no statistics for their calculations are?

A. insurable risks B. certain risks C. un-insurable risks D. uncertain risks Correct Answer: Option C C. un-insurable risks

6 years ago