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Monday, 13 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3126:
The main function of a thrift and credit cooperative society is to
  • A Encourage members to buy cheaply
  • B Enable members get the highest profit
  • C Help members get legal redress
  • D Encourage members to save
View Answer & Explanation
Question 3127:
The exchange of goods for goods in home trade is known as
  • A Entrepot trade
  • B Trade by barter
  • C Commodity trade
  • D Distributive trade
View Answer & Explanation
Question 3128:
Which of the following is a safest way of sending important documents through the post
  • A Registered mail
  • B Parcel post
  • C Letter post
  • D Express mail
View Answer & Explanation
Question 3129:
Which of the following is not true of the stock exchange?
  • A It is a commodity market
  • B It provides market for trading on shares
  • C Government and companies raise fund through it
  • D It provides professional advice on investment
View Answer & Explanation
Question 3130:
A cheque issued in January 1997 which the holder failed to present for payment until September 1997 is called a
  • A Traveller's cheque
  • B Post-dated cheque
  • C Stale cheque
  • D Crossed cheque
View Answer & Explanation