A retail outlet meant to sell only a particular manufacturer's product known as a?
co-operative shop
chain store
department store
tied shop
Correct answer is B
No explanation has been provided for this answer.
Which of the following requires acceptances before it can be valid?
Promissory note
Bill of exchange
Letter of credit
Cheque
Correct answer is B
No explanation has been provided for this answer.
The rate at which a country's currency is converted to the currency of another country is known as?
terms of trade
terms of payment
exchange rate
bank rate
Correct answer is C
No explanation has been provided for this answer.
A retail outlet meant to sell only a particular manufacturer's product known as a?
co-operative shop
chain store
department store shop
tied
Correct answer is B
No explanation has been provided for this answer.
Where two or more companies agree to work on a project too large for one of them, this is called?
consortium
merger
combination
cartel
Correct answer is A
No explanation has been provided for this answer.