Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,381.

Which of the following documents contains the complete information on goods available in the wholesaler's warehouse? the

A.

catalogue

B.

order

C.

consignment note

D.

invoice

E.

delivery note

Correct answer is A

No explanation has been provided for this answer.

2,382.

Which mode of transport would you suggest as the most suitable for natural gas?

A.

Air

B.

Sea

C.

Pipeline

D.

Road

Correct answer is C

Pipeline transport is the transportation of liquid or gas products through a system of pipes. Petroleum and gas products are normally transported through this method of transportation.

2,383.

A shipping company's document detailing the charges for carrying a particular cargo for a specified journey is known as?

A.

dock warrant

B.

freight note

C.

carriage forward

D.

weight note

E.

credit note

Correct answer is B

No explanation has been provided for this answer.

2,384.

Exchange in the international market which does not involve the use of money as a medium is known as?

A.

foreign aid

B.

counter trade

C.

monetization

D.

foreign trade

E.

enterpot trade

Correct answer is B

No explanation has been provided for this answer.

2,385.

With regard to payment, the amount payable when no deductions are made is called?

A.

net price

B.

spot cash

C.

not profit

D.

prompt cash

E.

draft

Correct answer is E

No explanation has been provided for this answer.