Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Consumers require protection against exploitation to ensure?
adequate consumer awareness
availability of products variety
the sale of quality products
increased aggregate demand
Correct answer is C
No explanation has been provided for this answer.
providing services for other countries
specialization and the exchange of goods in a country
buying and selling within a country
the exchange of goods and services between firms
Correct answer is A
No explanation has been provided for this answer.
The role of a wholesaler in the channel of distribution is to?
produce goods in large quantities and sell in small quantities
buy goods directly from the manufacturers
buy goods in large quantities and sell in small quantities
sell goods directly to the consumers
Correct answer is C
No explanation has been provided for this answer.
counter trade
balance of trade
balance of payments
terms of trade
Correct answer is A
No explanation has been provided for this answer.
The documents used in the purchase and sale of goods which contain other terms of trade are?
debit note and credit note
delivery note and advice nopt
invoice and order
quotation and invoice
Correct answer is C
No explanation has been provided for this answer.