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.
To inform the buyer that the goods are in transit,the seller sends him?
a quotation
an invoice
a debit note
an advice note
a credit note
Correct answer is D
No explanation has been provided for this answer.
dividend
interest
profit
rent
rebate
Correct answer is B
No explanation has been provided for this answer.
An association formed by Tyre manufacturers to safeguard and promote their interests is known as
co-operative society
chamber of commerce
trade union
consortium
trade association
Correct answer is E
No explanation has been provided for this answer.
broker
a bull
a bear
an investor
a stag
Correct answer is C
No explanation has been provided for this answer.
which of the following is not the function of a small? retailer
supplying goods to the final consumer
breaking goods into small units
granting credits to known customers
furnishing information to the wholesaler
selling in large quantities
Correct answer is E
No explanation has been provided for this answer.