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 mercantile agent having title to goods in his possession is known as
factor
broker
jobber
auctioneer
stag
Correct answer is A
No explanation has been provided for this answer.
When an acceptance to an offer is conditional, the offer becomes
accepted
a counter offer
valid
void
frustrated
Correct answer is D
No explanation has been provided for this answer.
offeror
offeree
acceptor
guarantor
surety
Correct answer is A
No explanation has been provided for this answer.
an offer
an acceptance
a consideration
a warranty
a security
Correct answer is C
No explanation has been provided for this answer.
When a firm sets a low price for new product, this is said to be
market swimming
competitive pricing
penetration pricing
loss leader pricing
target pricing
Correct answer is C
No explanation has been provided for this answer.