Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Personal selling is important to a business because it can be used to
distract competitors
distribute free samples
sell custom-made products
effect labour - oriented pricing
Correct answer is B
No explanation has been provided for this answer.
An electronic system of communication which serves as the international information bank is called
an e-mail
a satellite
a telex
the Internet
Correct answer is D
No explanation has been provided for this answer.
A hire purchase transaction becomes a sale when the hirer
pays full cost of the goods
agrees with the hire purchase terms
takes possession of the goods
pays part of the instalments
Correct answer is A
No explanation has been provided for this answer.
The price of an item is N 300 with a trade discount of 20%, What is the selling price?
N180
N240
N300
N360
no option
Correct answer is B
No explanation has been provided for this answer.
I, II, III, IV and V
I, V, III, IV and II
II, I, IV, III and V
III, II, V, I and IV
V, IV, I, III and II
Correct answer is B
No explanation has been provided for this answer.