Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Staff position in an organization borders on
authority
advice
responsibility
control
Correct answer is C
No explanation has been provided for this answer.
One major disadvantage of a cartel is that it
maximizes productive efficiency
brings the merging firms under control
maximizes profit from operation
eliminate competitions and waste
Correct answer is D
No explanation has been provided for this answer.
In every simple contract, the price which is paid to purchase a promise is called
offeree
acceptance
consideration
representation
Correct answer is C
No explanation has been provided for this answer.
lawful to both
unlawful to both
beneficial to both
detrimental to both
Correct answer is A
No explanation has been provided for this answer.
remunerate Q
reply Q
indemnify Q
settle Q
Correct answer is C
No explanation has been provided for this answer.