Commerce is a structured system for exchanging goods between buyers and sellers. It involves studying the processes and activities related to buying and selling goods and services, particularly on a large scale.
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Question 11: A good financial instrument which serves as a hedge against inflation is?
Options:
A) a bond
B) a share
C) an opion
D) a warrant
Show Answer
The correct answer is A .
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Question 12: The lumbering of trees by a furniture company is an example of
Options:
A) primary production
B) secondary production
C) tertiary production
D) direct production
Show Answer
The correct answer is A .
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Question 13: The rate at which a country's exports exchange for its imports is called
Options:
A) balance of payments
B) balance of trade
C) terms of payment
D) terms of trade
Show Answer
The correct answer is D .
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Question 14: One of the inputs in production that can be motivated by remuneration is
Options:
A) capital
B) enterpreneur
C) labour
D) land
Show Answer
The correct answer is C .
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Question 15: The fees charged on postal order by the post office is _____?
Options:
A) interest
B) brokerage
C) poundage
D) premium
Show Answer
The correct answer is C .
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Question 16: An acquired firm in a merger will always receive a?
Options:
A) premium
B) grant
C) share
D) discount
Show Answer
The correct answer is C .
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Question 17: A feature common to privatization and commercialization is?
Options:
A) profit-making
B) credit sales
C) market expansion
D) price increases
Show Answer
The correct answer is A .
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Question 18: Consumer rights include the right to?
Options:
A) credit
B) free samples of a product
C) redress
D) a shre of profits
Show Answer
The correct answer is C .
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Question 19: Which of the following items has the shortest effect on the consumer
Options:
A) fashion
B) innovation
C) fad
D) attribute
Show Answer
The correct answer is B .
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Question 20: The Stock Exchange is a market where?
Options:
A) long-term securities are sold
B) all types of securities are sold
C) short-term securities are sold
D) medium-term securities are sold
Show Answer
The correct answer is B .