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.
All these are instruments of consumer protection EXCEPT
Bill of Exchange Act of 1882
Food and Drug Department of Ministry Health
Sale of Goods Act of 1979
Standard Organization of Nigeria
Trade Description Act of 1968
Correct answer is A
No explanation has been provided for this answer.
At an auction sale, an auctioneer acts as a/an..........
agent
attorney
broker
principal
representative
Correct answer is A
No explanation has been provided for this answer.
Profit in partnership is shared according to
agreement in the deed
amount contributed by each partner
number of hours put in by each partner
seniority of partner
types of partners
Correct answer is A
No explanation has been provided for this answer.
advertising
banking
retailing
transportation
warehousing
Correct answer is C
No explanation has been provided for this answer.
The last link in the chain of distribution is the
consumer
manufacturer
producer
retailer
wholesaler
Correct answer is A
No explanation has been provided for this answer.