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.
I, II & III only
II & IV only
I, II & IV only
II & III only
I & III only
Correct answer is C
No explanation has been provided for this answer.
A cheque made payable to "bearer"
Can be negotiated for cash by the drawer only
can only be paid into an account
can be negotiated for cash by any holder
is not regarded as a negotiable instrument
must be endorsed to another account for settlement
Correct answer is C
No explanation has been provided for this answer.
Which of the following is the acceptable classification of warehouse?
Ordinary, wholesale and state warehouse
Ordinary, presidential and bonded warehouse
Bonded, royal and queen warehouse
Ordinary off-shore and bonded warehouse
Private, public and bonded warehouse
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not an advantage of advertising? It
gives information about products
increases sales
increases production
improves the quality of products
introduces new products
Correct answer is D
No explanation has been provided for this answer.
caveat venditor
consumer orientation
consumer association
consumer protection
caveat emptor
Correct answer is B
No explanation has been provided for this answer.