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Monday, 13 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3121:
The selling of articles from place to place on foot is
  • A Mail order
  • B Itinerant trading
  • C Barter
  • D Self service
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Question 3122:
A company whose shares are not easily transferable is a
  • A Private limited company
  • B Public limited company
  • C Public corporation
  • D Company limited by guarantee
View Answer & Explanation
Question 3123:
Which of the following must be stated in the article of association?
  • A The objects of the company
  • B The registered office address of the company
  • C The method of issue and transfer of shares
  • D Statement that liabilities are limited
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Question 3124:
Which of the following insurance principles states that a person must be in a position to suffer financially in the event of a loss?
  • A Proximate cause
  • B Indemnity
  • C Insurable interest
  • D Subrogation
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Question 3125:
Catalogs are mostly used by
  • A Chain stores
  • B Department stores
  • C Mail order firms
  • D Supermarkets
View Answer & Explanation