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Commerce Past Questions and Answers

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Commerce Questions

Question 3491:

An organisation formed mainly by traders and manufacturers to cater for interest for interest of members is?

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A Trade union
B Co-operative society
C Trade association
D Chamber of commerce

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Question 3492:

An insurance broker is involved in?

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A Industrial occupation
B Distributive occupation
C Commercial occupation
D Constructive occupation

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Question 3493:

An agreement that is enforceable in law is?

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A A contract
B An offer
C An acceptance
D A consideration

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Question 3494:

the size of an enterprise is determined by?

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A Number of customers of the enterprise
B Length of the time the firm has been in operation
C Amount of capital invested
D Type of work done

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Question 3495:

which of the following functions is not performed by trade association?

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A Research and development
B Standardization of product
C Credit facilities
D Technical information

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