Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
the production of goods in anticipation of demand is made possible by?
packaging
warehousing
branding
advertising
transporting
Correct answer is B
No explanation has been provided for this answer.
which of the following is not a means of making payment to a businessman?
bank draft
cash
money order
cheque
statements
Correct answer is E
No explanation has been provided for this answer.
the value of anything expressed in monetary terms is the?
utility
price
service
charge
money
Correct answer is B
No explanation has been provided for this answer.
letter of credit
documentry credit
bill of lading
sight draft
bill of exchange
Correct answer is E
No explanation has been provided for this answer.
An overdraft is usually granted a?
savings account holder
deposit account holder
current account holder
loan account holder
fixed deposit account holder
Correct answer is C
No explanation has been provided for this answer.