Commerce Updated on Nov 22, 2020 by FlashisaacNov 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. The management term which refers to the number of staff a superior officer can efficiently supervise isdelegation of authorityunity of commandspan of controldivision of labour3. The factors of production are the following exceptlandhustlecapitalEntrepreneureur4. A risk whose profitability of occurrence is impossible to estimate ispure riskinsurable riskparticular riskuninsurable risk5. which of the following business units could be commercialized?public corporationSole proprietorshipprivate companycooperative society6. Where there is no deed of partnership, members share profit onthe basis of participationthe basis of shares heldpatronage basisequal basis7. The charge paid by a speculator for non-settlement of his account within the specified period isbackwardationcommissioncontangobrokerage8. Rent is the return onlanda loanlaboura share9. One of the function of a retailer is theProvision of jobs for customersFinancing of production activitiesBreaking of bulkProvision of credit facilities to relations10. A communication equipment which is stationed in space for sending signals isinternettelex machinesatellitedata processorTime is Up!