Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
common carrier
hawker
porter
clearing agent
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a function of marketing department in a firm?
Add value to goods and services
Protect those who engage in business transactions
initiate general policies in the organization
Handle all staff masters in the system
Correct answer is A
No explanation has been provided for this answer.
A firm that specializes in packing and shipping of goods is known as a
forwarding agent
general agent
del credere agent
cargo handling company
Correct answer is D
No explanation has been provided for this answer.
A person who gave his building as a security for loan is known as a
trustee
mortgagee
mortgagor
guarantor
Correct answer is D
No explanation has been provided for this answer.
A retail outlet with many branches all dealing in similar line of goods is described as a
department store
supermarket
chain store
hypermarket
Correct answer is B
No explanation has been provided for this answer.