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Saturday, 11 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3706:
An insurance policy which is not a contract of indemnity is?
  • A Burglary insurance
  • B Fire insurance
  • C Life insurance
  • D Motor insurance
View Answer & Explanation
Question 3707:
When a company insures the lives of all its employees collectively, the policy is?
  • A Accident insurance
  • B Fleet insurance
  • C Fidelity guarantee insurance
  • D Group insurance
View Answer & Explanation
Question 3708:
A cheque that could be cashed over the counter by the payee is?
  • A Certified cheque
  • B Crossed cheque
  • C Open cheque
  • D Bank draft
View Answer & Explanation
Question 3709:
A specially-designed mode of transport for conveying liquid and gas is a?
  • A Coaster
  • B Tanker
  • C Liner
  • D Ferry
View Answer & Explanation
Question 3710:
The safe keeping of goods produced until they are needed is?
  • A Hoarding
  • B Marking
  • C Packaging
  • D Warehousing
View Answer & Explanation