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.
carriage forward
franco
Loco
free on board
A free alongside ship
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a problem facing mail order business?
Expensive shop fronts
cost of postage and advertisement
Commission to agents
Increase in branded goods
increase in the variety of catalogues
Correct answer is B
No explanation has been provided for this answer.
Retail outlets which sell from specialised vans are
supermarkets
multiple shops
mail orderfirms
department stores
mobile shops
Correct answer is E
No explanation has been provided for this answer.
A group of trims that produce similar goods or sen/ices is called?
an industry
a trade association
a cartel
a holding company
an amalgam
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not performed by the shipping and forwarding agents?
Reservation ofshipping space
Collection of payment from the importer
Collection of goods from the factory
Preparation of the bill of lading
Arrangementfor marine insurance
Correct answer is B
No explanation has been provided for this answer.