Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following terms of price quotation includes cost of transportation to buyers premises?
FOB
C & F
FOR
FAS
Exship
Correct answer is B
No explanation has been provided for this answer.
Which of the following protects consumers against poor quality goods?
Nigerian Chambers of Commerce
Standards Organization of Nigeria
Trade Association
Manufacturers Association of Nigeria
Nigerian National Supply Company
Correct answer is B
No explanation has been provided for this answer.
Which of the following services is not rendered by NIPOST?
Poste Restante
Express delivery
C.W.O
Telegram
Registered post
Correct answer is D
No explanation has been provided for this answer.
The machine used in sending telex message is known as?
photocopier
typewriter
teleprinter
punching machine
dictaphone
Correct answer is C
No explanation has been provided for this answer.
Goods discharged from ship on which import duties have not been paid are kept in the?
ordinary warehouse
private warehouse
public warehouse
wholesaler warehouse
bonded warehouse
Correct answer is E
No explanation has been provided for this answer.