Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Prior to the issue of a certificate on a motor insurance contract, the insured is issued with?
a licence of insurance
insurance policy certificate
a cover note
a simple receipt
an invoice
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not an attribute of an effective business manager?
Empathy
Subjectivity
Altrumism
Objectivity
self awareness
Correct answer is B
No explanation has been provided for this answer.
The critical factor in organizing a business is?
money
capital
machinery
management
control
Correct answer is D
No explanation has been provided for this answer.
Branding is a good example of?
informative advertising
marketing mix
persuasive advertising
consumerism
competitive advertising
Correct answer is E
No explanation has been provided for this answer.
In the contract of sale of goods,"let the buyer beware" is signified by?
del credere
uberrima fidei
caveat emptor
res ipsa loquitor
caveat vendetta
Correct answer is C
No explanation has been provided for this answer.