Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

3,101.

A minor is not permitted to enter into a valid contract because he

A.

Cannot pay the consideration

B.

Is too young to interpret the law

C.

Is young in the eye of the law

D.

May not be able to write the contract

Correct answer is C

No explanation has been provided for this answer.

3,103.

An agent must not make any secret profit in the performance of his duties but can be rewarded by his principal through

A.

remuneration and indemnity

B.

payments of commision and salary

C.

granting of business concessions

D.

forwarding of business links

Correct answer is B

No explanation has been provided for this answer.

3,104.

Personnel activities that promote the general image of an organization are part of

A.

advertising

B.

sales promotion

C.

public relations

D.

business correspondence

Correct answer is C

No explanation has been provided for this answer.

3,105.

The oral presentation iv a conversation with one or more prospective buyers for the purpose of making sales is

A.

branding of goods

B.

personal selling

C.

packaging

D.

publicity

Correct answer is B

No explanation has been provided for this answer.