Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The law by which the seller transfers the property in goods to the buyer at an agreed price is the?
Hire purchase Act
Trade Description Act
Foods and Drugs Act
Sale of Good Act
Correct answer is A
No explanation has been provided for this answer.
a bull
a bear
a stag
an underwriter
Correct answer is B
No explanation has been provided for this answer.
The exchange of goods for goods in foreign trade is known as?
visible trade
smuggling
counter trade
entrepot trade
Correct answer is C
No explanation has been provided for this answer.
The greatest advantage of air transport over all other means of transport is it's?
comfort
safety
speed
flexibility
Correct answer is C
No explanation has been provided for this answer.
Product pricing, distribution and promotions are elements of?
marketing mix
marketing research
sales promotion
product orientation
Correct answer is A
No explanation has been provided for this answer.