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.
caveat venditor
consumer orientation
consumer association
consumer protection
caveat emptor
Correct answer is B
No explanation has been provided for this answer.
The form of advertising which aims at wining the market for one particular brand is known as?
informative advertisement
generic advertisement
persuasive advertisement
competitive advertisement
direct advertisement
Correct answer is D
No explanation has been provided for this answer.
The outright purchase of one company by another is called?
absorption
merger
cartel
acquisition
privatization
Correct answer is D
No explanation has been provided for this answer.
The reward of land as a factor of production is known as?
interest
rent
profit
wages
toll
Correct answer is B
No explanation has been provided for this answer.
An agreement whereby the seller transfers the title to goods at a price is called?
contract of sale
a hire-purchase agreement
an agency agreement
a contract of carriage of goods
haggling
Correct answer is A
No explanation has been provided for this answer.