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.
Grouping consumers based on their purchasing habits is called market
development
expansion
orientation
segmentation
selection
Correct answer is D
No explanation has been provided for this answer.
Which feature of money facilitates small transactions?
divisibility
durability
portability
recognisability
scarcity
Correct answer is A
No explanation has been provided for this answer.
Who has no right of ownership to a business organization?
debenture holder
entrepreneur
partner
share-holder
sole proprietor
Correct answer is A
No explanation has been provided for this answer.
Goods invoiced at N5,000.00 were sold to Adegoke at less 2½% trade discount. How much would he pay
N2,875
N3,875
N4,875
N5,175
N5,125
Correct answer is C
No explanation has been provided for this answer.
What is a voluntary association of business executives, tradesmen, or entrepreneurs?
Chamber of Commerce
Economic Community of West African States
Lake-Chad Basin Commission
Niger Basin Commission
Trade Union
Correct answer is A
No explanation has been provided for this answer.