Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following goods has the lowest rate of turnover?
Staple foods
office stationery
Refrigerator
School exercise books
Correct answer is A
No explanation has been provided for this answer.
rights issue
over subscribed
qouted at a premium
over-valued
Correct answer is B
No explanation has been provided for this answer.
#1,600
#4,800
#5,600
#9,600
Correct answer is B
No explanation has been provided for this answer.
Which of the following is used only in international trade?
Letter of inquiry
Certificate of origin
Pro-forma invoice
Consignment note
Correct answer is A
No explanation has been provided for this answer.
F.O.B
ex-works
F.A.S
F.O.R
Correct answer is D
No explanation has been provided for this answer.