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WorksheetsCommerce Quiz
Total questions: 10
Worksheet time: 5mins
Which of the following is NOT a characteristic of money?
Durability
Portability
Unlimited supply
Divisibility
A wholesaler that specializes in storing goods and distributing them to retailers is known as a:
Retailer
Manufacturer
Merchant wholesaler
Agent wholesaler
Which of the following best describes the term "consumer sovereignty"?
The influence of government on consumer choices
The ability of producers to control market prices
The power of consumers to determine what is produced
The regulation of trade by commercial banks
A business that is owned and controlled by a single individual is called a:
Partnership
Corporation
Sole proprietorship
Joint-stock company
Which of the following factors is NOT considered when choosing a business location?
Availability of raw materials
Personal preferences of employees
Proximity to the market
Transportation facilities
The term "fixed capital" refers to:
Money used for daily business expenses
Capital invested in land, buildings, and machinery
Funds used for paying workers' salaries
Loans obtained from financial institutions
The transfer of ownership of goods and services from producers to consumers is known as:
Trade
Insurance
Warehousing
Transportation
Which of the following is NOT a function of commercial banks?
Accepting deposits
Issuing currency
Granting loans
Providing financial advice
Which document serves as proof of ownership of shares in a company?
Shareholder's card
Share certificate
Invoice
Payment receipt
The term "franchise" refers to:
A business agreement where a company allows others to use its brand and sell its products
A business owned by two or more partners
A company that only sells imported goods
A form of government regulation on trade
