Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The retail of goods through currency operated machines is known as?
mail order business
automatic vending
party selling
impulse buying
merchandising
Correct answer is B
No explanation has been provided for this answer.
An alternative term for ordinary shares is?
unit trust
gilt-edged securities
equities
bonus issues
right issues
Correct answer is C
No explanation has been provided for this answer.
Commerce is not concerned with?
changing the place ofa product
changing the form ofa product
changing ownership of a product
distribution of a product
warehousing of a product
Correct answer is B
No explanation has been provided for this answer.
organising
planning
communicating
directing
coordinating
Correct answer is C
No explanation has been provided for this answer.
Which of the following belongs to the capital market?
Commercial bank
Stock exchange
Ministry of Finance
Chamber of Commerce
Discount House
Correct answer is B
No explanation has been provided for this answer.