Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is mostly used by a mail order business to sell goods
Posters
Catalogues
Journals
Magazines
Correct answer is B
No explanation has been provided for this answer.
excise duty
ad valorem tax
customs drawback
demurrage
Correct answer is C
No explanation has been provided for this answer.
Okoni and Co. law chamber is an example of a
sole proprietorship
partnership
co-operative society
public limited company
Correct answer is B
No explanation has been provided for this answer.
A firm that accepts, sells and delivers goods by post is a
supermarket
multiple store
department store
mail order business
Correct answer is D
No explanation has been provided for this answer.
Which of the following cannot be used to regulate importation?
Import quota
Import license
Imposition of embargo
Increase of excise duty
Correct answer is D
No explanation has been provided for this answer.