Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
It is advantageous to provide services which are natural monopoly through?
sole trades
partnership
public limited liabilities companies
public enterprises
co-operative societies
Correct answer is D
No explanation has been provided for this answer.
The process whereby a firm buys over the assets and liabilities of another firm is known as?
amalgamation
cartel
factoring
holding
combine
Correct answer is D
No explanation has been provided for this answer.
a trespass
a nuisance
ultra vires
uberrimae fidei
caveat emptor
Correct answer is C
No explanation has been provided for this answer.
F.O.R
C & F
F.A.S
F.O.B
C.I.F
Correct answer is E
No explanation has been provided for this answer.
Warehousing is one of the functions of the?
wholesaler
retailer
Chamber of commerce
Ministry of Trade and Industry
Export Promotion Department
Correct answer is A
No explanation has been provided for this answer.