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.
If Ade issues a Union Bank cheque to Chukwu, the Union Bank is the
drawee
payee
drawer
acceptor
creditor
Correct answer is A
No explanation has been provided for this answer.
An association that mobilizes the savings of members and channels them to needy members is known as
Consumer Co-operative
Producer Co-operative
Thrift and Credit Co-operative
Multi-purpose Co-operative
Trade Union
Correct answer is C
No explanation has been provided for this answer.
The fastest means of sending a printed message from Lagos to London is through
aeroplane
telephone
cablegram
telex
courier
Correct answer is D
No explanation has been provided for this answer.
Extractive occupation is an example of
construction industry
manufacturing industry
tertiary industry
primary industry
secondary industry
Correct answer is D
No explanation has been provided for this answer.
Which of the following are functions of marketing?
Buying, fnancing, selling and transporting
Sorting, grading, managing and storage
Risk-bearing, storage, production and promotion
Organizing, risk-bearing, transporting and storage
Production, promotion, distribution and pricing
Correct answer is E
No explanation has been provided for this answer.