Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,086.

Which of the following markets functions involves the actual movement of goods?

A.

Exchange function

B.

Distribution function

C.

Facilitating function

D.

Marketing information function

E.

Stimulation function

Correct answer is B

No explanation has been provided for this answer.

2,087.

Which of the following products is likely to have a low rate of turnover?`

A.

Foodstuff

B.

ball-pen

C.

Soap and Detergent

D.

Furniture

E.

Newspaper

Correct answer is D

No explanation has been provided for this answer.

2,088.

Which of the following functions is not performed by as small retailer?

A.

Selling in units to consumers

B.

Financing producers

C.

Buying from wholesaler

D.

Selling goods on credits

E.

Stocking a variety of goods

Correct answer is B

No explanation has been provided for this answer.

2,089.

Manufacturing ends when goods?

A.

are advertised to the customers

B.

and services are used by the producers

C.

are packed and labelled

D.

are sold in the markets

E.

reach the final user

Correct answer is E

No explanation has been provided for this answer.

2,090.

The minimum number of membership for a public limited company is?

A.

two

B.

seven

C.

seventeen

D.

twenty

E.

fifty

Correct answer is B

No explanation has been provided for this answer.