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.
Which of these means of payment originates from a creditor?
Bill of exchange
Cheque
Coins and currencies
Promissory note
Standing order
Correct answer is E
No explanation has been provided for this answer.
Commerce is often referred to as the life blood of every nation because it
commits financial resources to the nation
contributes to economic development to the nation
creates utilities for human satisfaction
provides auxiliary services to trade
provides all the resources use for production
Correct answer is C
No explanation has been provided for this answer.
bear
broker
bull
jobber
speculator
Correct answer is D
No explanation has been provided for this answer.
The following are functions of marketing EXCEPT
advertising
distribution
insurance
packaging
transportation
Correct answer is C
No explanation has been provided for this answer.
Which of these is NOT a governments legislation to protect thee consumer?
Fair trading
Foods and drugs
Privatization and commercialization
Weight and measure
Trade description
Correct answer is C
No explanation has been provided for this answer.