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.
One means of making payment through NIPOST is the?
cheque
money order
standing order
promissory order
counterfoil
Correct answer is B
No explanation has been provided for this answer.
The document issued to a lender under a company's seal acknowledging a debt is called?
stock
share
dividend warrant
debenture
mortgage
Correct answer is D
No explanation has been provided for this answer.
Any paid form of non-presentation of goods services by an identified sponsor is known as?
merchandising
advertising
publicity
public relations
sales promotion
Correct answer is B
No explanation has been provided for this answer.
A sales agreement whereby the buyer takes possession but not title to goods is called?
mortgage
auction sale
deferred payment
hire purchase
warranty
Correct answer is D
No explanation has been provided for this answer.
Which of the following is the quickest and most accurate means id communication?
Telegram
Express mail
Courier service
Telex
Railex
Correct answer is D
No explanation has been provided for this answer.