Commerce 2012 | Study Mode

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Question 11
A
3/9;net 30
B
9/27;net 30
C
30;net 9/3
D
9/30;net 3
Explanation

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Correct option: D
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Question 12
A
it is made with transverse lines
B
it is made payable to whoever presents it
C
it is made without transverse lines
D
it is only payable into the payees account
Explanation

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Correct option: B
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Question 13
A
accepted
B
rejected
C
discounted
D
dishonoured
Explanation

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Correct option: C
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Question 14
A
mass advertising
B
persuasive advertising
C
informative advertising
D
competitive advertising
Explanation

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Correct option: C
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Question 15
A
bank charges
B
interest rates
C
commission on turnover
D
minimum lending rate
Explanation

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Correct option: A
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Question 16
A
telegram
B
SMS
C
telex
D
MMS
Explanation

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Correct option: A
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Question 17
A
creates wealth for people
B
reduces the cost and risk of travelling
C
connects people
D
enhances delivery of goods and servicess
Explanation

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Correct option: B
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Question 18
A
proximate cause
B
insurable interest
C
insurance priority
D
subrogation
Explanation

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Correct option: C
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Question 19
A
probability
B
possibility
C
risk
D
uncertainty
Explanation

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Correct option: B
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Question 20
A
insurer
B
assurer
C
assured
D
insured
Explanation

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Correct option: D

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