Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
A document issued by financial organizations to enable holders to buy goods on credit is called
ATM card
coupon
luncheon voucher
credit card
Correct answer is D
No explanation has been provided for this answer.
warrant
bond
share certificate
title deed
Correct answer is B
No explanation has been provided for this answer.
Which of the following is the best form of sales promotion?
Bill board
Bell ringing
Publicity
Demonstration
Correct answer is C
No explanation has been provided for this answer.
A factor that hinders the achievement of ECOWAS objectives is
the absence of a common market
lack of a common language
the difference in political ideology
lack of a common territory
Correct answer is C
No explanation has been provided for this answer.
A country’s balance of payments is divided into
current and capital accounts
current and foreign accounts
creditor`s and debtor’s accounts
export and import accounts
Correct answer is A
No explanation has been provided for this answer.