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.
The physical component of a computer system is
software
hardware
hard disk
floppy disk
Correct answer is B
Computer hardware includes the physical parts of a computer, such as the case, central processing unit (CPU), monitor, keyboard, computer data storage, graphics card, sound card, speakers and motherboard.
The process of transferring data from one computer to another is referred to as
downloading
faxing
browsing
decoding
Correct answer is A
Downloading; the copying of (data) from one computer system to another, typically over the Internet.
The sole legal right held by the author to publish his book is
trademark
copyright
patent right
bookmark
Correct answer is B
Copyright; the exclusive and assignable legal right, given to the originator for a fixed number of years, to print, publish, perform, film, or record literary, artistic, or musical material.
A contract can be terminated through
physical combat
family intervention
frustration
consultation
Correct answer is C
One of the instances in which the contract can be terminated due to frustration is when the nature of the contract has changed between the parties because of an unforeseen event, and which also happens to be outside the control of the contracting parties.
The right to retain possession of goods until the contract price is paid is referred to as
a promise
ultra vires
a breach
a lien
Correct answer is D
Lien; is a right to keep possession of property belonging to another person until a debt owed by that person is discharged.