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Commerce Past Questions


Question 3951:


____________ is a letter sent to the suppliers requesting details of goods offered for sale

A. An Invoice
B. Letter of enquiry
C. Purchase order
D. Requisition
E. Quotation


Question 3952:


Which of the following does NOT relate to marine insurance ... policy

A. Endowment
B. Floating
C. Time
D. Valued
E. Voyage


Question 3953:


Which of the following invites the general public to subscribe for its shares?

A. Co-operative
B. Private liability company
C. Public corporation
D. Public liability company
E. Sole proprietorship


Question 3954:


One of the barriers to foreign trade is the presence of ____________

A. Difference in goods and services
B. Different means of transportation
C. Many society personnel
D. Tariffs on goods and services
E. Various means of production


Question 3955:


When a business organization constructs schools and roads for the use of a community. such responsibility is ____________

A. Commercial
B. Economical
C. Industrial
D. Political
E. Social






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