cameroon gce advance level commerce and finance 1

cameroon gce advance level commerce and finance 1

cameroon gce advance level commerce and finance 1

1. Commerce is best defined as:

A Buying and selling
B Exchange and distribution
C Trade and Aids to trade
D Production and exchange

 

2. Which of the following is a man-made factor of
production?

 

A Entrepreneur
B Capital
C Land
D labour

 

3. Under what level of production can lumbering
be classified?

 

A Quaternary
B Primary
C Tertiary
D Secondary

 

4. Partners who contribute capital but do not take
part in the running of the business are termed?

 

A Dormant
B Quasi
C Active
D Normal

 

5. A technical name given to the first shareholders
of a company is:

 

A Partners
B Brokers
C Members
D Promoters

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