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.
The payment made periodically in respect of an insurance policy entered into is known as?
bond
commission
premium
surrender value
Correct answer is C
No explanation has been provided for this answer.
price concept
distribution concept
product concept
markting concept
Correct answer is D
No explanation has been provided for this answer.
fidelity
term assurance
subrogation
indemnity
Correct answer is A
No explanation has been provided for this answer.
The concept that refers to the sale, transfer or exchange of goods and service is?
industry
trade
tariff
marketing
Correct answer is B
No explanation has been provided for this answer.
The basic functin of the Nigeria Ports Authority is to?
ensure that the right calibre of personnel is employed at the ports
coordinate and regulate the activities of shipping lines
facilitate and control the movement of goods and services into and out of the country
coordinate the activities of all the seaports in the country
Correct answer is D
No explanation has been provided for this answer.