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.
When an insured person admits that he has indemnified, he means that?
the insurance company has accepted his claim
the damaged properties has been recovered
he has paid his premium fully
the insurance company has restored him to his formal positionhe has recovered benefits lost through acting in bad faith
he has recovered benefits lost through acting in bad faith
Correct answer is D
No explanation has been provided for this answer.
A person who sells goods belonging to another person in his own name and receives commission is a?
wholesaler
retailer
sole trader
factor
merchant
Correct answer is D
No explanation has been provided for this answer.
The concept that consumers decided what goods and services shall be known as consumer?
protection
surplus
sovernignty
behaviour
co-operative
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not an elements of the marketing mix?
Product
Pricing
Promotion
Purchases
Place
Correct answer is D
No explanation has been provided for this answer.
marketing
merchandising
transportation
production
marketing mix
Correct answer is A
No explanation has been provided for this answer.