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Sunday, 12 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3146:
Which of the following is not an advantage of partnership?
  • A Diversified managerial talents
  • B Greater financial resources
  • C Freedom to terminate business
  • D Account is not made public
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Question 3147:
Which of the following is used for a single payment of many people at the same time through a bank instead of writing separate cheques?
  • A Debit transfer
  • B Credit transfer
  • C Certified cheque
  • D Crossed cheque
View Answer & Explanation
Question 3148:
The legal document that gives a individual power to protect his own piece of invention is called
  • A Copyright
  • B License
  • C Patent right
  • D Trademark
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Question 3149:
A mortgage bank is primarily concerned with financing the acquisition of
  • A Motor vehicle
  • B Research equipment
  • C Computer machine
  • D Dwelling houses
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Question 3150:
The work of actuaries is to
  • A Underwrite insurance risks
  • B Calculate insurance premiums
  • C Settle insurance claims
  • D Assess profits for insurance companies
View Answer & Explanation