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Commerce Past Questions and Answers

Commerce Questions

Question 3766:
The word ''limited" written after the name of a company means that
  • A It has a democratic system of management
  • B Members are liable to the extent of their shareholdings only
  • C The company is a going concern
  • D Profit is determined by management
View Answer & Explanation
Question 3767:
Which type of occupation is a carpenter engaged in?
  • A Commercial
  • B Construction
  • C Extraction
  • D Manufacturing
View Answer & Explanation
Question 3768:
The reward for land as a factor of production is
  • A Wage
  • B Rent
  • C Profit
  • D Interest
View Answer & Explanation
Question 3769:
Which of the following businesses can raise capital through the stock exchange?
  • A Sole proprietorship
  • B Private company
  • C Public company
  • D Cooperative society
View Answer & Explanation
Question 3770:
A group of people representing a cross-section of business interests in an area is
  • A Chamber of commerce
  • B Consumers' association
  • C Employers association
  • D Manufacturers' association
View Answer & Explanation