Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Cash discount
Deferred discount
Trade discount
Quantity discount
Cash on delivery
Correct answer is C
No explanation has been provided for this answer.
A cheque that is drawn in the name of a bank instead of the account holder's name is called?
Bank statement
Bill of exchange
Specially crossed cheque
Certified cheque
Bank draft
Correct answer is E
No explanation has been provided for this answer.
Impulse buying
One-step-shopping
Self service
Automatic vending
Auction sales
Correct answer is D
No explanation has been provided for this answer.
Which of the following organizations aim primarily at protecting the consumer?
Standards Organization of Nigeria
Chambers of Commerce
State Security Service
Nigeria Red Cross Society
Manufacturers Association of Nigeria
Correct answer is A
No explanation has been provided for this answer.
advertising
marketing research
marketing
marketing segementation
communication
Correct answer is B
No explanation has been provided for this answer.