Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The three main types of speculators found in the Stock Exchange market are?
stags, brokers, and bulls
bulls, bears, and stag
bears, jobbers and jobbersbulls, brokers and bears
stags, agents and jobbers
Correct answer is B
No explanation has been provided for this answer.
Which of the following conditions may make the manufacturer sell directly to the consumer?
brake in communication
Inaccessibility of the wholesaler's warehouse
The nature of the commodity involved
inadequate transport facility
Trade imbalance
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not an obligation of a common carrier?
Carrying goods securely and safely
Liability for losses and demages
Delivery of goods at appropriate places
insuring goods intransit
passing through agreed routes
Correct answer is D
No explanation has been provided for this answer.
Buying and selling of goods and services within the geographical areas of a country is called?
enterpot trade
external trade
domestic trade
regional trade
import trade
Correct answer is C
No explanation has been provided for this answer.
emterpreneur
land
capital
goodwill
labour
Correct answer is C
No explanation has been provided for this answer.