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.
contract of sale
hire purchase
conditional sale
party selling
Correct answer is A
No explanation has been provided for this answer.
a credit sale
factoring
hire purchase
leasing
Correct answer is C
No explanation has been provided for this answer.
If a ship overstays its stipulated time at a port, it pays a charge known as
arbitrage
demurrage
dock due
toll
Correct answer is B
No explanation has been provided for this answer.
The exchange of goods and services among many countries is
multilateral trade
bilateral trade
counter trade
entrepot trade
Correct answer is A
No explanation has been provided for this answer.
Credit note for #500.00
Debit note for #500.00
Credit note for #2,500.00
Debit note for #2,500.00
Correct answer is B
No explanation has been provided for this answer.