BUK Commerce 2014/2015 Past Questions

Practice each question, then open it to see the full details.

Paper money originates from receipt given by?

A. money lenders
B. gold smiths
C. bankers
D. traders

Production ends when goods?

A. and services are used by the producer
B. are packed and labelled
C. are sold in the market
D. and services reaches the final user

The assured is the?

A. insurance company
B. insurance companies client
C. insurance broker
D. insurance agent

Branding is a good example of

A. informative advertising
B. competitive advertising
C. persuasive advertising
D. consumerism

Which of these is not a basic marketing function?

A. exchange
B. facilitation
C. production
D. information

The abbreviation E $ OE is usually printed on

A. an invoice
B. a cheque
C. a delivery note
D. a debit nose

Which of the following is not required for the dissolution of partnership

A. expiration of the partnership deed
B. termination of the venture
C. one partner notifying the other of his intention
D. order from the Registrar of companies

Which of the following qualities of money is generally undermined by inflation?

A. stability
B.scarcity
C. durability
D. portability