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.
Bonded warehouse are controlled by?
wholesale merchants
Co-operative wholesale society
Shipping and forwarding agencies
Customs and Excise authorities
Freight forwarders
Correct answer is D
No explanation has been provided for this answer.
Parties to bill of exchange that is endorsed to a third party are the?
drawer, payee, creditor
drawer, drawee, debtor
payee, drawee, debtor
drawer, drawee, payee
creditor, debtor, drawer
Correct answer is D
No explanation has been provided for this answer.
Organization licensed and authorized to deliver fast malls, and parcels are engaged in?
courier services
career services
post-free sevices
haulage services
transport services
Correct answer is A
No explanation has been provided for this answer.
A bill of lading is best described as the?
document of title to, the goods on board a ship
certificate of value for the goods on board
evidence of payment of customs duties
certified of goods
certified of quality of goods imported
Correct answer is A
No explanation has been provided for this answer.
In foreign trade, a country specializes in the production of a commodity in which it has?
high production potentials
the greatest relative advantage
a large market
political influence
the highest relative cost
Correct answer is B
No explanation has been provided for this answer.