Commerce Past Questions and Answers

(a) What is personal selling?
(b) List and explain six media available to an advertiser of goods and services

Explain the following terms:
(a) fixed assets
(b) certificate of trading
(c) dividend
(d) authorized capital
(e) promoters

Describe each of the following documents and state one use of each:
(a) consular invoice
(b) bill of lading
(c) certificate of origin
(d) bill of sight

(a) Explain five functions of the Customs Authority
(b) State five advantages of international trade

Explain the following terms as used on the stock exchange market:
(a) Backwardation
(b) Bear
(c) Jobber
(d) Jobber's turn
(e) Brokerage