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Commerce Past Questions and Answers

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Commerce Questions

Question 3111:

A bonded warehouse is a place for keeping

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A Contraband goods
B Dutiable goods
C Tax free goods
D Smuggled goods

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Question 3112:

A bonded warehouse is a place for keeping

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A Contraband goods
B Dutiable goods
C Tax free goods
D Smuggled goods

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Question 3113:

Which of the following can quote its shares on the stock exchange

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A Partnership
B Sole-proprietorship
C Co-operative society
D Public limited company

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Question 3114:

If a businessman wants to insure against dishonesty of the cashier, he will take

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A Burglary policy
B An employer's liability cover
C A fidelity guarantee cover
D A consequential loss policy

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Question 3115:

Which of the following describes the reason for international trade

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A Balance of payment
B Comparative cost advantage
C Absolute cost advantage
D Balance of trade

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