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Tuesday, 14 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2156:
The commercial term "Caveat emptor" means, Let the
  • A Buyer beware
  • B Seller beware
  • C Manufacturer beware
  • D Account be settled
  • E Endorser be careful
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Question 2157:
Which of the following is not a business resource?
  • A Wages
  • B Man
  • C Money
  • D Material
  • E Machine
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Question 2158:
In which of the following business units are the owners mostly the customers?
  • A Co-operatives
  • B Partnerships
  • C Public corporations
  • D Limited liability companies
  • E Sole proprietorship
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Question 2159:
Which of the following is not a way of raising capital for business?
  • A Issuing of bonds
  • B Borrowing
  • C Savings
  • D Ploughing back profit
  • E Issuing dividend warrants
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Question 2160:
In a business environment, which of the following variables can a business man conveniently control?
  • A Product
  • B Politics
  • C Culture
  • D Economy
  • E The laws
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