Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
an acceptance
an offer
a rejection
an agreement
a contract
Correct answer is C
No explanation has been provided for this answer.
and services are used by the producer
are packed and labelled
are sold in the market
and services reach the final user
are advertised to the consumers
Correct answer is D
No explanation has been provided for this answer.
Which of the following towns was important to the trans-Saharan traders?
Enugu
Oyo
llorin
Kaduna
Kano
Correct answer is E
No explanation has been provided for this answer.
Which of the following support the view that there was commerce in Nigeria many years ago?
The economy was consistent
Specialization was minimal
Cowries were used as money
Horses wee used as means of transportation
Communities were interdependent
Correct answer is E
No explanation has been provided for this answer.
Which of the following convert raw materials into finished goods?
Extractive industry
Manufacturing
Commercial occupation
Constructive industry
Tertiary industry
Correct answer is B
No explanation has been provided for this answer.