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.
The goods that are used for the production of other goods are known as
commercial goods
consumer goods
capital goods
non-durable
Correct answer is C
No explanation has been provided for this answer.
A shoe repairer is engaged in a
service occupation
manufacturing
extractive occupation
commercial occupation
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not true of air transport?
it is used to transport goods of high value
has high operating costs
it is good for transporting blood for infusion
operates normally irrespective of weather conditions
it travels on schedule
Correct answer is D
No explanation has been provided for this answer.
A symbol that is used to distinguish a company's product from others is a
licence
trade mark
patent right
trade permit
copy right
Correct answer is B
No explanation has been provided for this answer.
Penalty imposed by a ship owner for exceeding the period charter is
lump sum
dock dues
tariff
demurrage
dead frieght
Correct answer is D
No explanation has been provided for this answer.