Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is a direct service?
Banking
Teaching
Advertising
Fishing
Warehousing
Correct answer is B
No explanation has been provided for this answer.
Which of the following activities makes the consumer its focus in decision making?
Selling concept
Marketing concept
Product concept
Production concept
Market research
Correct answer is B
No explanation has been provided for this answer.
Which of the following does not aim at protecting the customer?
Sales of Goods Act
Fair Trading Act
Price Control Act
Partnership Act
Foods and Drugs Act
Correct answer is D
No explanation has been provided for this answer.
time charter
charter by demise
shipping conference
voyage charter
charter party
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not a source of capital?
Personal savings
Credit transfer
Bank Loan
Credit purchase
Debenture
Correct answer is B
No explanation has been provided for this answer.