A. speculation B. consumption C. specialization D. nationalization Correct Answer: Option B B. consumption Explanation Commerce is the conduct of…
A. increasing prices and product differentiation B. advertising and cutting prices C. refusing credit and customer services D. increasing the…
A. shares are sold at par price B. buyer is entitled to the next dividend C. shares are sold above…
A. indemnity B. proximate clause C. insurable interest D. subrogation Correct Answer: Option C C. insurable interest Explanation Insurable interest…
A. commodity market B. discount market C. money market D. stock market Correct Answer: Option C C. money market Explanation…
A. indemnity B. contribution C. insurable interest D. proximate cause Correct Answer: Option D D. proximate cause Explanation Proximate cause…
A. a crossed cheque B. a certified cheque C. an order cheque D. a confirmed cheque Correct Answer: Option C…
A. fair trading B. under-invoicing C. hedging D. dumping Correct Answer: Option D D. dumping Explanation Dumping is a term…
A. supermarket B. multiple shops C. mail order D. mobile shop Correct Answer: Option D D. mobile shop Explanation Mobile…
A. product differentiation B. sales orientation C. consumer orientation D. price differentiation Correct Answer: Option A A. product differentiation Explanation…