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Commerce Past Questions


Question 4246:


A partner who contributes only his name to the formation of a partnership is

A. A nominal partner
B. A limited partner
C. A general partner
D. An active partner


Question 4247:


Which of the following groups would advocate for the supply of constant electricity to households?

A. Consumer's association
B. Credit union
C. Employer's association
D. Labour union


Question 4248:


A retail store that sells a single product from a particular manufacturer is a

A. Tied shop
B. Shopping mail
C. Hypermarket
D. Chain store


Question 4249:


A country's visible balance of payment is made up of

A. Interest on loans to foreign countries
B. Profit from investment abroad
C. Earnings from goods exported
D. Dividend earned from companies


Question 4250:


The quality of money which makes it possible to buy goods in small quantities is

A. Portability
B. Homogeneity
C. Divisibility
D. Durability






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