Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is NOT part of Pre-Sales Service/ice?
assisting the prospective buyer to set up facilities for storage
dispatching of quotation and price list
granting of credit or hire purchase sales facilities
providing detailed information about goods to be purchased
provision of transportation and delivery services
Correct answer is E
No explanation has been provided for this answer.
Bankers settle their mutual indebtedness in a
clearing and forwarding house
clearing house
development bank
discount house
stock exchange market
Correct answer is B
No explanation has been provided for this answer.
A public limited liability company is owned by
board of directors
debenture holders
general public
government
shareholders
Correct answer is E
No explanation has been provided for this answer.
A bill of exchange sold for less than its face value before maturity is said to be
accepted
cleared
discounted
dishonored
protested
Correct answer is C
No explanation has been provided for this answer.
The body charged with the responsibility monitoring the quality of goods supplied is the
consumers’ association
chamber of commerce
manufacturers' association
Ministry of Health
Nigerian standards organization
Correct answer is E
No explanation has been provided for this answer.