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.
A partnership is dissolved when?
the business suffers a loss
there is bankruptcy
there is consistent theft
there is misunderstanding between partners
Correct answer is B
No explanation has been provided for this answer.
In CIF contracts, risk passes at the time of shipment but the property does not pass until?
there is physical transfer of goods
the shipping manifest are signed
the shipping documents are transferred
the goods on board are delivered
Correct answer is B
No explanation has been provided for this answer.
The factors essential for tourism are?
accessibility, capital, amenties, accessibility and scenery
goods weather, amenties, accessibility and scenery
amenties, capital, accessibility and markets
good weather, capital, schools and scenery
Correct answer is B
No explanation has been provided for this answer.
A business firm that is involved in conveying goods or people is known as a?
consignor
commercial firm
carrier
transporter
Correct answer is C
No explanation has been provided for this answer.
The development of a continer and a graphic design for a product is called?
packaging
promotion
processing
production
Correct answer is A
No explanation has been provided for this answer.