Commerce Updated on Nov 22, 2020 by Isaac InegbenehiNov 22, 2020 Welcome to Flashlearners Commerce Quiz... Read Each Question Carefully And Choose The Best Answer From The Options. You May Click Here for Free Video Tutorials To Boost Your Score Or Simply Click Here To Access Thousands of Commerce Questions Offline. Next To Begin...1. A cheque for which payment is refused due to insufficient fund is abearer chequecrossed chequestale chequedishonoured cheque2. An ancillary to trade that it easily links suppliers and consumers isCommunicationBankingTransportationTourism3. Cash in hand and at bank, plus debtors are components ofintangible assetsdepleting assetscurrent liabilitiescurrent assets4. The charge paid by a speculator for non-settlement of his account within the specified period isbackwardationcommissioncontangobrokerage5. Commerce is divided intoTradebusinessbuying and sellingTrade and aids to tradeimport and export6. A risk whose profitability of occurrence is impossible to estimate ispure riskinsurable riskparticular riskuninsurable risk7. One of the function of a retailer is theProvision of jobs for customersFinancing of production activitiesBreaking of bulkProvision of credit facilities to relations8. Oki Williams is the payeeendorserdrawerdrawee9. A communication equipment which is stationed in space for sending signals isinternettelex machinesatellitedata processor10. An instruction to a bank to make a regular payment to a third party on behalf of a customer ismoney ordercredit transfermoney transferstanding orderTime is Up!