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.
Risks in business are borne by the
consumer
entrepreneur
marketing manager
personnel manager
Correct answer is B
No explanation has been provided for this answer.
The divisions of production are
industry,banking and services
industry,manufacturing and services
industry,commerce and services
industry, commerce and services
Correct answer is C
No explanation has been provided for this answer.
Any activity that changes raw materials into consumer or industrial goods is
Constructive
assembling
extractive
manufacturing
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a function of commerce
advertising goods
creation of goods
increasing profit made
distribution of goods
Correct answer is C
No explanation has been provided for this answer.
A bill of exchange is retired when it is
paid before maturity
marked "accepted"
discounted
dishonoured
Correct answer is D
No explanation has been provided for this answer.