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 is not considered by banks when granting loans to customers?
Character of the customer
Amount needed
Period of repayment
Amount of interest payable
Purpose of the loan
Correct answer is A
No explanation has been provided for this answer.
delegation
deputising
coordinating
supervision
motivation
Correct answer is A
No explanation has been provided for this answer.
hedging
black market
dumping
speculation
speculation
Correct answer is C
No explanation has been provided for this answer.
carriage forward
franco
Loco
free on board
A free alongside ship
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a problem facing mail order business?
Expensive shop fronts
cost of postage and advertisement
Commission to agents
Increase in branded goods
increase in the variety of catalogues
Correct answer is B
No explanation has been provided for this answer.