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.
When goods are sent through an independent carrier, the document used by the sender is
a delivery note
an advice note
an invoice
a consignment note
a reciept
Correct answer is D
No explanation has been provided for this answer.
offerer
offeree
buyer
guarantor
auctioner
Correct answer is A
No explanation has been provided for this answer.
A firm that accepts a portion of the risk involved in an insurance contract is
a broker
an actuary
a speculator
an underwriter
an assessor
Correct answer is D
No explanation has been provided for this answer.
An association of employees in an organization is called a
trade union
trade association
consumer association
credit union
co-operative society
Correct answer is A
No explanation has been provided for this answer.
A nation's earnings from tourism are classified as
visible exports
invisible exports
visible imports
invisible imports
entrepot trade items
Correct answer is B
No explanation has been provided for this answer.