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.
Okoni and Co. law chamber is an example of a
sole proprietorship
partnership
co-operative society
public limited company
Correct answer is B
No explanation has been provided for this answer.
A firm that accepts, sells and delivers goods by post is a
supermarket
multiple store
department store
mail order business
Correct answer is D
No explanation has been provided for this answer.
Which of the following cannot be used to regulate importation?
Import quota
Import license
Imposition of embargo
Increase of excise duty
Correct answer is D
No explanation has been provided for this answer.
The relationship between partners is stipulated in the
Memorandum of Association
Article of Association
Partnership Deed
Certificate of Incorporation
Correct answer is C
No explanation has been provided for this answer.
The buying and selling of goods and services within a country is called
counter trade
entrepot trade
foreign trade
home trade
Correct answer is D
No explanation has been provided for this answer.