Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is not a right of the consumer?
Safety
Choice
Discount
Value
Correct answer is D
No explanation has been provided for this answer.
A counter-offer in a contract is regarded as?
an acceptance
an invitation to treat
a rejection
a consideration
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a requirement for a valid contract?
Represention
Consideration
Interest
Performance
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a means of consumer protection?
Price control
Sales Goods Act
Trade Description act
Tax laws
Correct answer is D
No explanation has been provided for this answer.
Which of the following agent guarantees payment for transaction entered into on half the principal?
Auctioneer
Factor
Broker
Del creder
Correct answer is B
No explanation has been provided for this answer.