Commerce

The type of letters that are delivered through the normal mail or by airmail express service is referred to as?

A. inland letters B. registered letters C. airmail letters express letters D. express letters Correct Answer: Option C - airmail…

4 years ago

Tourism serves the purpose of?

A. cross-cultural understanding and peaceful interaction B. opening values for leaving the country C. economic development and naturalization D. exploiting…

4 years ago

A person who undertakes life insurance is said to be an?

A. insurer B. assurer C. assured D. insured Correct Answer: Option D - insured Explanation Insured refers to the owner…

4 years ago

Assurance is different from insurance in that the former is based on?

A. probability B. possibility C. risk D. uncertainty Correct Answer: Option B - possibility Explanation Assurance is similar to insurance,…

4 years ago

The right of an insurance company to stand in place of an insured against a third party; who is liable for the occurrence of a loss; is the principle of?

A. proximate cause B. insurable interest C. insurance priority D. subrogation Correct Answer: Option C - insurance priority

4 years ago

Communication is relevant to business activities because it?

A. creates wealth for people B. reduces the cost and risk of travelling C. connects people D. enhances delivery of…

4 years ago

Printed messages sent by cable are recorded as?

A. telegram B. SMS C. telex D. MMS Correct Answer: Option A - telegram Explanation Telegram is a message sent…

4 years ago

A current account holder pays fees for services in form of?

A. bank charges B. interest rates C. commission on turnover D. minimum lending rate Correct Answer: Option A - bank…

4 years ago

The most effective type of advertising for branded products is?

A. mass advertising B. persuasive advertising C. informative advertising D. competitive advertising Correct Answer: Option C - informative advertising Explanation…

4 years ago

A bill of exchange paid before its due date at an amount less than its face value is said to have been?

A. accepted B. rejected C. discounted D. dishonoured Correct Answer: Option C - discounted Explanation A discounted bill is one…

4 years ago