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Commerce Past Questions and Answers

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Commerce Questions

Question 1496:

Which of the following conditions may make the manufacturer sell directly to the consumer?

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A Brake in communication
B Inaccessibility of the wholesaler's warehouse
C The nature of the commodity involved
D Inadequate transport facility
E Trade imbalance

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Question 1497:

The three main types of speculators found in the Stock Exchange market are?

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A Stags, brokers, and bulls
B Bulls, bears, and stag
C Bears, jobbers and jobbers
D Bulls, brokers and bears
E Stags, agents and jobbers

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Question 1498:

Which of the following is a disadvantage of Hire Purchase to the consumer?

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A Its increases turnover
B Temptation to buy more than one can pay for
C It demands more capitals from the seller
D Increased sales lower the seller's units cost

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Question 1499:

Which of the following functions is performed by the stock exchange markets?

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A Provision for bulk purchase
B Issuing of treasury bills
C Provision of the purchase and sale of existing securities
D Discounting bills of exchange
E Providing for short-term investment

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Question 1500:

Which of the following is not a true characteristic of a Chamber of Commerce?

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A It is not for profit making
B It is open only to political party members
C It is democratically administered
D It is a voluntary organization
E It is independent of government control

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