Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
cultural
economic
political
social
technological
Correct answer is B
No explanation has been provided for this answer.
Which of the following is an invisible item of trade?
Banking Service
Petroleum Product
Processed Rice
Processed Milk
Processed Yam Flour
Correct answer is A
No explanation has been provided for this answer.
The amount receivable by shareholders after the declaration of profit is called
bonus
commission
dividend
interest
premium
Correct answer is C
No explanation has been provided for this answer.
The following are methods of quoting prices EXCEPT
A.C.I.F
F.A.S
F.O.B
L.O.C.O
E.O.E
Correct answer is A
No explanation has been provided for this answer.
agent
auctioneer
broker
offeree
offeror
Correct answer is E
No explanation has been provided for this answer.