Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Wholesalers can be divided into?
sales agent and brokers
full service
cooperative wholesale society and limited service wholesalers
merchant wholesales and egent middlemen
Correct answer is D
No explanation has been provided for this answer.
The association that comprises all types of businesses is referred to as?
chamber of commerce
trust
trade association
cartel
Correct answer is A
No explanation has been provided for this answer.
Which of the following confirms the accuracy of the duty charged on imported goods?
An indent
Consular invoice
Consignment note
Shipping note
Correct answer is B
No explanation has been provided for this answer.
Which of the middlemen in the channel of distribution has tittle to the goods he distributes?
The merchant wholesaler
The agent
The limited wholersaler
The retailer
Correct answer is A
No explanation has been provided for this answer.
A major function of a chamber of commerce is?
increaseing productivity
promoting both home and foreign trade
promoting trade in a particular line
maximizing profit
Correct answer is B
No explanation has been provided for this answer.