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Saturday, 11 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3231:
An issuing house is an outlet for
  • A New shares and bonds
  • B Non-listed companies shares
  • C Existing shares and bonds
  • D Only gilt-edged securities
View Answer & Explanation
Question 3232:
Which of the following is quoted when the buyer is responsible for the cost of loading the goods from the seller's warehouse up to his own warehouse?
  • A F.O.R
  • B C.I.F
  • C F.A.S
  • D Loco
View Answer & Explanation
Question 3233:
The relationship between all imports and exports of a country is known as
  • A Terms of trade
  • B Balance of trade
  • C Balance of payment
  • D Terms of payment
View Answer & Explanation
Question 3234:
Which of the following is an example of large-scale retailing?
  • A Hawking
  • B Mobile shops
  • C Kiosks
  • D Department stores
View Answer & Explanation
Question 3235:
A cheque drawn by a bank on itself is a/an
  • A Direct debit
  • B Bank draft
  • C Bank transfer
  • D Overdraft
View Answer & Explanation