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.
Which of the following requires services of middlemen?
Technical goods
Expensive goods
Convenience goods
Perishable goods
Correct answer is C
No explanation has been provided for this answer.
The refund made by on goods re-exported after being imported is known as?
import duty
export duty
excise drawback
customs drawback
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a function of the retailing?
Buying in bulk and warehousing
Buying and selling in bits to consumers
Advising consumers on the right type of goods
Granting credits to customers
Correct answer is A
No explanation has been provided for this answer.
Which of the following is an advantage of large scale retailing?
Decline in personal service
Pilfering
High overhead cost
One-stop shopping
Correct answer is D
No explanation has been provided for this answer.
N49,600
N24,800
N6,200
N3,100
Correct answer is B
No explanation has been provided for this answer.