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Wednesday, 08 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3331:
A country is said to achieve a trade surplus when total
  • A Visible exports exceed total visible imports
  • B Invisible exports exceed total invinsible imports
  • C Visible exports exceed total invisible imports
  • D Visible imports exceed total visible exports
View Answer & Explanation
Question 3332:
The process of winding up a public limited company by a court order is known as
  • A Termination
  • B Dissolution
  • C Voluntary liquidation
  • D Compulsory liquidation
View Answer & Explanation
Question 3333:
A person who undertakes responsibility for forming a new company is
  • A Auditor
  • B Solicitor
  • C Registrar
  • D Promoter
View Answer & Explanation
Question 3334:
A term which describes the value of business connections made by a company over the years is known as
  • A Patent
  • B Copyright
  • C Goodwill
  • D Trade mark
View Answer & Explanation
Question 3335:
The ancillary to trade which ensures that people have access to information pertaining to goods is
  • A Insurance
  • B Advertising
  • C Warehousing
  • D Banking
View Answer & Explanation