Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
It is often said that "the consumer is always right" This describes the doctrine of?
consumer movement
consumer sovereignty
caveat emptor
consensus ad idem
Correct answer is B
No explanation has been provided for this answer.
mass advertising
competitive advertising
persuasive advertising
direct advertising
Correct answer is A
No explanation has been provided for this answer.
A retailer sells his product at "Buy-two-take three" The sales promotion method referred to is?
free sample
gift
premium
trade
Correct answer is C
No explanation has been provided for this answer.
One disadvantage of of rail transport is?
suitability for fragile goods
obsence of pilferage
vulnerability to severe weather
inflexibility
Correct answer is D
No explanation has been provided for this answer.
A transporter who does not reject carrying lawful goods to destination is?
tramp vessel
ocean liner
Common carrier
private carrier
Correct answer is C
No explanation has been provided for this answer.