Commerce 2009 | Study Mode

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Question 21
A
a delivery risk
B
an insurable risk
C
a credit risk
D
a systematic risk
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 22
A
prevent the occurrence of any loss
B
spread losses to all covered participants
C
provide for the replacement of facilities
D
encourage individuals to save
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 23
A
extend the firm's market coverage
B
ensure that goods are produced faster
C
procure raw materials cheaply
D
ensure the quality of products
Explanation.

No official Explanation yet!


Correct Option:
A
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Question 24
A
improve the quality of goods
B
produce goods in advance
C
meet the demand of customers
D
determine input rquirements
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 25
A
raw materials
B
labour
C
machineries
D
funds
Explanation.

No official Explanation yet!


Correct Option:
D
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Question 26
A
the chairman of the board
B
the board of directors
C
shareholders
D
employees
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 27
A
the partners are family friends
B
professionals are involved
C
members can easily raise enough capital
D
government regulations are favorable
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 28
A
limited partnership
B
partnership-at-will
C
ordinary partnership
D
industral partnership
Explanation.

No official Explanation yet!


Correct Option:
C
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Question 29
A
share
B
bond
C
bill of exchange
D
treasury bill
Explanation.

No official Explanation yet!


Correct Option:
A
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Question 30
A
cash, work-in-progress and debtors
B
cash,vehicles, land and buildings
C
debtors , stock of raw materials and fittings
D
pre-payments, debtors and equipment
Explanation.

No official Explanation yet!


Correct Option:
A

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