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.
Another name for shares, stocks and debentures traded in the stock exchange is?
collateral
securities
wares
partcipating`preference shares
cumulative preference shares
Correct answer is B
No explanation has been provided for this answer.
agreement between two trading countries
conditions attached to specific trade transaction
the relationship between export and import prices
the difference between the value imports and exports
all payments made-to other countries and receipts from them
Correct answer is C
No explanation has been provided for this answer.
Which of the following documents is used when goods are sent on approval?
Catalogue
Delivery note
Receipt
Advice note
Pro forma invoice
Correct answer is E
No explanation has been provided for this answer.
N240
N226
N216
204
120
Correct answer is B
No explanation has been provided for this answer.
When a seller decides to sell his goods at a specific price for a specific period, he is making?
a sales promotion
a bid
an auction sale
a firm offer
an implied guarantee
Correct answer is D
No explanation has been provided for this answer.