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.
Which of the following is not a function of the Nigerian Airport Authority?
Maintains the buildings and tarmac
Collects airport taxes
Controls movement of aircrafts
Maintains all aircrafts in the country
Maintains security
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a negotiable instrument?
Invoice
Money order
Cheque
Promissory note
Bill of exchange
Correct answer is A
No explanation has been provided for this answer.
Which of the following describes the marketing mix?
Distribution, production policy, promotion, pricing policy
Product planning, development , market research, price
Product, Price, place, development
Communication, advertising, pricing, promotion
Advertising, pricing, development, communication
Correct answer is A
No explanation has been provided for this answer.
A document issued to a buyer showing the quantity description and prices of goods bought is called
a catalogue
an invoice
a price list
an order
an advice note
Correct answer is B
No explanation has been provided for this answer.
The reward of entrepreneurship as a factor of production is
interest
commission
profit
salary
rent
Correct answer is C
No explanation has been provided for this answer.