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.
A shop that sells only products of a particular manufacturer is known as
mobile shop
unit shop
tied shop
small shop
Correct answer is C
No explanation has been provided for this answer.
The main purpose of sending delivery notes along with goods is to
enable the goods to be checked on arrival
enable the buyer to pay the correct delivery charges
ensure the safe delivery of the goods
prevent the goods from being stolen in transit
Correct answer is A
No explanation has been provided for this answer.
contract of sale
hire purchase
conditional sale
party selling
Correct answer is A
No explanation has been provided for this answer.
a credit sale
factoring
hire purchase
leasing
Correct answer is C
No explanation has been provided for this answer.
If a ship overstays its stipulated time at a port, it pays a charge known as
arbitrage
demurrage
dock due
toll
Correct answer is B
No explanation has been provided for this answer.