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.
market research
persuasive advertising
mass selling
informative advertising
Correct answer is B
No explanation has been provided for this answer.
Which of the following have lien on goods in their possession until their commission is paid?
Brokers
Factors
Auctioneers
Wholesale merchants
Correct answer is B
No explanation has been provided for this answer.
Which of the following serves as a receipt for goods kept in a bonded warehouse?
Dock Warrant
Bill of Sight
Foul bill
Dock due
Correct answer is A
No explanation has been provided for this answer.
A hire purchase transaction becomes a sale when when the
hirer accepts the hire purchase terms
finance company agrees to pay
hirer takes possession of goods
hirer pays full cost of the goods
Correct answer is D
No explanation has been provided for this answer.
Bonded warehouses are controlled by
Export Promotion Council
Ports Authority
Customs and Excise Authority
Clearing and Forwarding agents
Correct answer is C
No explanation has been provided for this answer.