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.
Self-service, mail order and automatic vending are examples of
marketing mix
sales promotion
public relations
selling techniques
personal selling
Correct answer is D
No explanation has been provided for this answer.
Which of the following government legislation is not aimed at consumer protection?
Taxation Law
Sales of Goods Act
Food and Drugs Act
Standards Organization Act
Price Control Act
Correct answer is A
No explanation has been provided for this answer.
Hire-purchase
Deferred payment
Leasehold
Cash with order
Forward trading
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a disadvantage of credit transaction?
increases turnover
facilitates the sale of durable goods
encourages the habit of saving
encourages bad debt
enables consumers to enjoy goods without immediate payment
Correct answer is D
No explanation has been provided for this answer.
One of the characteristics of a debenture is that
it yields a fixed rate of dividends
it has no redemption date
it yields a fixed rate of interest
its holder has a voting right
the holder bears more risk than others
Correct answer is C
No explanation has been provided for this answer.