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.

2,416.

The three main types of speculators found in the Stock Exchange market are?

A.

stags, brokers, and bulls

B.

bulls, bears, and stag

C.

bears, jobbers and jobbersbulls, brokers and bears

D.

stags, agents and jobbers

Correct answer is B

No explanation has been provided for this answer.

2,417.

Which of the following conditions may make the manufacturer sell directly to the consumer?

A.

brake in communication

B.

Inaccessibility of the wholesaler's warehouse

C.

The nature of the commodity involved

D.

inadequate transport facility

E.

Trade imbalance

Correct answer is C

No explanation has been provided for this answer.

2,418.

Which of the following is not an obligation of a common carrier?

A.

Carrying goods securely and safely

B.

Liability for losses and demages

C.

Delivery of goods at appropriate places

D.

insuring goods intransit

E.

passing through agreed routes

Correct answer is D

No explanation has been provided for this answer.

2,419.

Buying and selling of goods and services within the geographical areas of a country is called?

A.

enterpot trade

B.

external trade

C.

domestic trade

D.

regional trade

E.

import trade

Correct answer is C

No explanation has been provided for this answer.

2,420.

The factor of production which is described as wealth set aside for the the production of further wealth is called?

A.

emterpreneur

B.

land

C.

capital

D.

goodwill

E.

labour

Correct answer is C

No explanation has been provided for this answer.