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.
Ocean liners are subdivided into
passenger liner and cargo liners
coastel liners and cargo liners
cargo liners and tramp liners
passenger liners and tramp liners
Correct answer is A
No explanation has been provided for this answer.
An invoice can be described as a
contractual agreement for the sale of goods
document specifying quantity, description, prices and total value of purchase
receipt containing necessary information about the goods
letter specifying the contractual sales of goods between two parties
Correct answer is B
No explanation has been provided for this answer.
The function of a merchant wholesaler is to
buy in bulk, store and sell to retailerss as desired
posses title to the goods, store and sale to retailers
bring buyers and sellers together
find markets for producers' finished goods
Correct answer is A
No explanation has been provided for this answer.
The current trend in retailing competition in Nigeria are?
advertising and sales promotion strategies
branding, enterprising and diffrentiation of goods and services
self-service, after-sales service and services and branding strategies
after-sales services and sales promotion strategies
Correct answer is A
No explanation has been provided for this answer.
The main factors militating against the rapid growth of trade in Nigeria are?
inadequate transportation network and huge capital outlay
lack of motivation and government attitude towards trade
lacks of good transportation network and insecurity of investment
huge capital outlay and government attitude to trade
Correct answer is C
No explanation has been provided for this answer.