Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The price charged for leasing a ship is known as
way bill
haulage
clean bill
freight
demurrage
Correct answer is D
No explanation has been provided for this answer.
Uberrimae fidei
Subrogation
Indemnity
Proximate cause
Insurable interest
Correct answer is D
No explanation has been provided for this answer.
Which of the following may serve as delivery note?
Debit note
Credit note
Invoice
Advice note
Statement of account
Correct answer is C
No explanation has been provided for this answer.
Specialization is possible as a result of
good roads
education
demand for goods
growth in population
exchange
Correct answer is E
No explanation has been provided for this answer.
Another name for consignment note is
qoutation
waybill
debit note
receipt
credit note
Correct answer is B
No explanation has been provided for this answer.