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Tuesday, 14 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2146:
Which of the following is a direct service?
  • A Banking
  • B Teaching
  • C Advertising
  • D Fishing
  • E Warehousing
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Question 2147:
Which of the following is a disadvantage of foreign trade?
  • A Encourages dumping
  • B Makes available the products that a country cannot produce
  • C Widens the world market
  • D Encourages specialization
  • E Makes possible the transfer of technology
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Question 2148:
An agreement that is enforceable in law is called?
  • A A contract
  • B An offer
  • C An acceptance
  • D A consideration
  • E An injuction
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Question 2149:
A document signed by a customs officer of the exporting country to confirm the country of export of the goods is
  • A An export invoice
  • B A consular invoice
  • C A certificate of origin
  • D A letter of hypothecation
  • E A bill of laden
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Question 2150:
For which of the following reasons would a seller not issue a credit note to a customer? If
  • A Goods are undercharged
  • B Goods are damaged
  • C Bottles are returned
  • D Goods are overcharged
  • E Fewer goods are returned
View Answer & Explanation