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 duty of an agent of necessary to a principle is based on?
trust
ability
negotiation
mutual agreement
Correct answer is A
No explanation has been provided for this answer.
In a contract, offer is described as a counter offer if?
a new clause is introduced
it is not understood
it is not addressed to a particular person
it leaves no room for renegotiation
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a method of discharging a contract?
Performance
Breach
Consideration
Frustration
Correct answer is C
No explanation has been provided for this answer.
A major reason why government regulate business activities is to?
prevent producers from selling at profit
providing employment to schools
ensures fair practices and consumers protection
force producers to export more goods
Correct answer is C
No explanation has been provided for this answer.
If Baba is forced to agree go the terms of a contract at gun point, the contract is entered into?
under duress
through frustration
through misrepresentation
by mistake
Correct answer is A
No explanation has been provided for this answer.