Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The organization that aims at protecting the business interest of a particular area is the?
Trade Asociation
Manufacturing Association of Nigeria
Chamber of Commerce
Confederation of industrialists
Trade Union
Correct answer is A
No explanation has been provided for this answer.
Air transport is considerable importance today because it?
is faster than other means of transport
can deliver goods to owner's destination
is relatively cheaper
can carry bulky goods
travels on schedule
Correct answer is A
No explanation has been provided for this answer.
a consortium
a holding company
an amalgamator
a subsidiary comapany
cartel
Correct answer is B
No explanation has been provided for this answer.
Speed is an important consideration for the choice of a means of transport where goods are?
bulky
inferior
fragile
perishable
durable
Correct answer is D
No explanation has been provided for this answer.
The main advantage of water transport is that it?
is safe
is slow
can carry heavy goods
can go long distances
is owned by private firms
Correct answer is C
No explanation has been provided for this answer.