Commerce

The most important benefit of insurance is that it provides?

A. control over activities B. the insured with a right to premium C. the insured with a right to full…

4 years ago

A floating policy is an example of?

A. marine insurance B. actuaries insurance C. motor insurance D. fire insurance Correct Answer: Option B - actuaries insurance

4 years ago

What is the capital employed _______?

A. N 200 000 B. N 340 000 C. N 170 000 D. N 300 000 Correct Answer: Option D…

4 years ago

The total sum for financing short term projects is?

A. N 40 000 B. N 30 000 C. N 200 000 D. N 70 000 Correct Answer: Option C…

4 years ago

In the communication process. Y represents?

A. the encoder B. the medium C. the initiator D. noise Correct Answer: Option C - the initiator

4 years ago

Foreign trade also involves?

A. providing services for other countries B. specialization and the exchange of goods in a country C. buying and selling…

4 years ago

The role of a wholesaler in the channel of distribution is to?

A. produce goods in large quantities and sell in small quantities B. buy goods directly from the manufacturers C. buy…

4 years ago

In international trade; exchanging goods for other goods and services purchased instead of paying in foreign currency is known as?

A. counter trade B. balance of trade C. balance of payments D. terms of trade Correct Answer: Option A -…

4 years ago

The documents used in the purchase and sale of goods which contain other terms of trade are?

A. debit note and credit note B. delivery note and advice not C. invoice and order D. quotation and invoice…

4 years ago

An objective of the farmers’ association is to?

A. ensure that the prices of goods are fair and reasonable B. correct the imbalance between consumers and producers C.…

4 years ago