Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following trends in retailing provides the convenience of shopping without cash
Automatic vending
Self-service
Credit card
Window display
Correct answer is C
No explanation has been provided for this answer.
Which of the following assesses duties payable on imports and exports?
Ports Authority
Central Bank
Customs and Excise Authority
Export Promotion Council
Correct answer is C
No explanation has been provided for this answer.
An outright prohibition on the importation of goods to a country is referred to as
quota
tariff
embargo
devaluation
Correct answer is C
No explanation has been provided for this answer.
An association formed to protect the interests of buyers of various commodities is known as
Chamber of commerce
Employers association
Consumers Association
Manufacturers Association
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a duty of a credit union?
Helping members to save
Granting loans
Advising on the use of funds
Confirming members' indebtedness
Correct answer is D
No explanation has been provided for this answer.