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Commerce Past Questions and Answers

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Commerce Questions

Question 2141:

Which of the following is not included in the Memorandum of Association?

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A Winding up procedure
B Objectives of the company
C Address of the registered office
D Amount of capital
E Conditions for amendment of the memorandum

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Question 2142:

Which of the following is not a source of capital?

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A Personal savings
B Credit transfer
C Bank Loan
D Credit purchase
E Debenture

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Question 2143:

The contract between ship owners and hires whereby the hires take full control of the ship is called?

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A Time charter
B Charter by demise
C Shipping conference
D Voyage charter
E Charter party

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Question 2144:

Which of the following does not aim at protecting the customer?

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A Sales of Goods Act
B Fair Trading Act
C Price Control Act
D Partnership Act
E Foods and Drugs Act

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Question 2145:

Which of the following activities makes the consumer its focus in decision making?

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A Selling concept
B Marketing concept
C Product concept
D Production concept
E Market research

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