Commerce 2009 | Study Mode

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Question 11
A
costs and insurance only
B
costs and freight only
C
freight and insurance only
D
costs, insurance and freight
Explanation

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Correct option: D
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Question 12
A
N56 250
B
N43 750
C
N43 250
D
N6250
Explanation

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Correct option: B
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Question 13
A
bankdraft
B
cashier's cheque
C
bank cheque
D
crossed cheque
Explanation

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Correct option: A
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Question 14
A
electronic media
B
print media
C
outdoor media
D
window display media
Explanation

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Correct option: C
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Question 15
A
exhibition
B
promotion
C
trade fair
D
merchandizing
Explanation

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Correct option: A
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Question 16
A
a dividend
B
a bonus
C
an overdraft
D
interest on deposits
Explanation

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Correct option: C
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Question 17
A
renders service to customers
B
carries out foreign exchange transactions
C
issues currencies
D
discount bills
Explanation

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Correct option: C
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Question 18
A
Telephone
B
Telegram
C
E-mail
D
Telex
Explanation

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Correct option: B
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Question 19
A
communication satelite
B
international facility
C
interconnectivity
D
internet services
Explanation

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Correct option: A
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Question 20
A
contribution
B
subrogation
C
promiate cause
D
utmost good faith
Explanation

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Correct option: B

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