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Wednesday, 08 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3506:
one objective of the European Union is to?
  • A Fight the guilty nations in time of war
  • B Eliminate drug addiction among member countries
  • C Eliminate all tariffs and quotas among member countries
  • D Fight against child abuse in member countries
View Answer & Explanation
Question 3507:
which of the following person is a part of a business internal environment
  • A Employee
  • B Supplier
  • C Creditor
  • D Customer
View Answer & Explanation
Question 3508:
a person or firm to whom money is owed is?
  • A Banker
  • B Guarantor
  • C Debtor
  • D Creditor
View Answer & Explanation
Question 3509:
A general tax which applies at each point of exchange of goods and service is?
  • A A specific tax
  • B An ad valorem tax
  • C Value added tax
  • D Direct tax
View Answer & Explanation
Question 3510:
if a business uses part of its profit to develop the area where it operates, the business is fulfilling its?
  • A Economic responsibility
  • B Marketing responsibility
  • C Social responsibility
  • D Managerial responsibility
View Answer & Explanation