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.
Any activity that changes raw materials into consumer or industrial goods is
Constructive
assembling
extractive
manufacturing
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a function of commerce
advertising goods
creation of goods
increasing profit made
distribution of goods
Correct answer is C
No explanation has been provided for this answer.
A bill of exchange is retired when it is
paid before maturity
marked "accepted"
discounted
dishonoured
Correct answer is D
No explanation has been provided for this answer.
Subrogation
Utmost good faith
Insurable interest
Proximate cost
Correct answer is B
No explanation has been provided for this answer.
hire purchase
cash with order
deferred payment
cash on delivery
Correct answer is C
No explanation has been provided for this answer.