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.
UTC, kingsway Stores and Leventis Stores are typical examples of?
Telephone
Recorded delivery
Telex
Express mail
Bill of lading
Correct answer is B
No explanation has been provided for this answer.
A term embracing buying, selling and distributing of goods and services is known as?
wholesale trade
retail trade
commerce
market mix
marketing concept
Correct answer is C
No explanation has been provided for this answer.
A trade agreement in which two countries exchange goods and services is known as?
export trade
bilateral trade
multilateral trade
entrepot trade
barter trade
Correct answer is B
No explanation has been provided for this answer.
The most important function of the retailer is to?
sell goods on credit
operates on weekends and public holidays
make goods available in units
buy from wholesalers
operate at convenient places
Correct answer is C
No explanation has been provided for this answer.
Which of the following abbreviations permit the drawer of a document to correct any errors therein?
V. A. T
C. I. F
E. O. E
I. O. U
C. W. O
Correct answer is C
No explanation has been provided for this answer.