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 services is not offered to retailers by wholesalers?
Keeping them informed of the demands of consumers
Keeping them informed of new products
Offering a wide range of products
Granting credit
Correct answer is A
No explanation has been provided for this answer.
Product differentiation is achieved by
packaging and branding
packaging and grading
market segmentation
outdoor advertising
Correct answer is A
No explanation has been provided for this answer.
Which of the following statements cannot be found in a partnership deed?
Names of partners
Nature of business
Payment of tax
Interest on capital
Correct answer is C
No explanation has been provided for this answer.
A shop that sells only products of a particular manufacturer is known as
mobile shop
unit shop
tied shop
small shop
Correct answer is C
No explanation has been provided for this answer.
The main purpose of sending delivery notes along with goods is to
enable the goods to be checked on arrival
enable the buyer to pay the correct delivery charges
ensure the safe delivery of the goods
prevent the goods from being stolen in transit
Correct answer is A
No explanation has been provided for this answer.