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Thursday, 09 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3586:
The portion of share capital which the company has asked shareholder to pay is?
  • A Called-up capital
  • B Authorized capital
  • C Paid-up capital
  • D Unpaid capital
View Answer & Explanation
Question 3587:
multilateral trade is carried out
  • A Between two countries only
  • B Within many countries
  • C Among many countries
  • D Between neighbouring countries only
View Answer & Explanation
Question 3588:
An association of businesses engaged in both trade and industry is a?
  • A Co-operative society
  • B Trade union
  • C Trust fund
  • D Chamber of commerce
View Answer & Explanation
Question 3589:
which of the following statement is true of a debenture?
  • A Its holders receive interest
  • B It forms part of a company's authorized capital
  • C Its owners are co-owners of the company
  • D Its owners control the company
View Answer & Explanation
Question 3590:
The path through which a product moves from the manufacturer to the consumer is a?
  • A Channel of communication
  • B Line of production
  • C Means of transportation
  • D Channel of distribution
View Answer & Explanation