Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is an agreement to transport goods but not a document of title?
Air-way bill
Bill of lading
Charter party
Freight note
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a right of the consumer?
Safety
Choice
Discount
Value
Correct answer is D
No explanation has been provided for this answer.
A counter-offer in a contract is regarded as?
an acceptance
an invitation to treat
a rejection
a consideration
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a requirement for a valid contract?
Represention
Consideration
Interest
Performance
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a means of consumer protection?
Price control
Sales Goods Act
Trade Description act
Tax laws
Correct answer is D
No explanation has been provided for this answer.