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.

2,446.

Prior to the issue of a certificate on a motor insurance contract, the insured is issued with?

A.

a licence of insurance

B.

insurance policy certificate

C.

a cover note

D.

a simple receipt

E.

an invoice

Correct answer is C

No explanation has been provided for this answer.

2,447.

Which of the following is not an attribute of an effective business manager?

A.

Empathy

B.

Subjectivity

C.

Altrumism

D.

Objectivity

E.

self awareness

Correct answer is B

No explanation has been provided for this answer.

2,448.

The critical factor in organizing a business is?

A.

money

B.

capital

C.

machinery

D.

management

E.

control

Correct answer is D

No explanation has been provided for this answer.

2,449.

Branding is a good example of?

A.

informative advertising

B.

marketing mix

C.

persuasive advertising

D.

consumerism

E.

competitive advertising

Correct answer is E

No explanation has been provided for this answer.

2,450.

In the contract of sale of goods,"let the buyer beware" is signified by?

A.

del credere

B.

uberrima fidei

C.

caveat emptor

D.

res ipsa loquitor

E.

caveat vendetta

Correct answer is C

No explanation has been provided for this answer.