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Wednesday, 08 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3481:
fidelity guarantee insurance is a cover against loss arising from
  • A Trade debt
  • B Personal accident
  • C Dishonest staff
  • D Fire disaster
View Answer & Explanation
Question 3482:
when a cheque is paid on a bank on which it is drawn, the cheque is
  • A Discounted
  • B Debited
  • C Credited
  • D Cleared
View Answer & Explanation
Question 3483:
The process of buying, selling and distribution of goods and services is
  • A Retail trade
  • B Commerce
  • C Marketing
  • D Marketing concept
View Answer & Explanation
Question 3484:
Risk bearing in a business organisation is a function of the?
  • A Employees
  • B Entrepreneur
  • C Customer
  • D Manager
View Answer & Explanation
Question 3485:
the worth of a life assurance policy before its maturity date is?
  • A Residual value
  • B Surrender value
  • C Accrued value
  • D Assured value
View Answer & Explanation