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.
broker
commissioned agent
del-credere agent
factor
speculator
Correct answer is C
No explanation has been provided for this answer.
The document which gives complete information about the goods sold is the
bill of exchange
delivery note
invoice
order form
quotation
Correct answer is C
No explanation has been provided for this answer.
Which type of advertisement induces consumer to purchase the goods he does not need?
Competitive
Descriptive
Informative
Persuasive
Specific
Correct answer is D
No explanation has been provided for this answer.
Which of the following groupings is a means of payments through the post office
Bank draft, Certified cheque, Money order and Stamps
Cheque, Postal order, Money order and Bank draft
Money order, Certified cheques, Telegraphic Money order and Stamps
Postal order, Money order, Telegraphic Money order and Stamps
Telegraphic Money order, Cheques, Bank draft and Certified cheques
Correct answer is D
No explanation has been provided for this answer.
Limited
nominal
ordinary
special
unlimited
Correct answer is E
No explanation has been provided for this answer.