Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
If Baba is forced to agree go the terms of a contract at gun point, the contract is entered into?
under duress
through frustration
through misrepresentation
by mistake
Correct answer is A
No explanation has been provided for this answer.
The grading of products to satisfy different buyers is referred to as?
product mix
product differentiation
product concept
product line
Correct answer is C
No explanation has been provided for this answer.
Which of the following types of cheque protects the holder against the risk of loss?
Open cheque
Bearer cheque
Post dated cheque
Crossed cheque
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a customer service?
Delivery
Merchandizing
Branding
Market research
Correct answer is B
No explanation has been provided for this answer.
economic union
political union
trade union
free trade association
Correct answer is A
No explanation has been provided for this answer.