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.
Nearness to a city centre and a busy street is a necessary condition for sitting?
a market place
a sales office
an accounts office
an advertising office
A wholesale warehouse
Correct answer is E
No explanation has been provided for this answer.
Which of the following is common to both large and small firms?
Lower running cost
Personal attention to customers
Large capital
Profit making
Opening On public holidays
Correct answer is D
No explanation has been provided for this answer.
Which of the following cannot be used as a means of transport between Kano and Lagos?
Airplane
Ship
Train
Bus
Car
Correct answer is B
No explanation has been provided for this answer.
A del credere agents is distinguished from other agent in that he?
is a partner in a trading fim
works for his principal on commission basis
is a middle man in a transaction involving two or more people
usually guarantees payments in any transcaction
is a dealer on the stock exchange
Correct answer is D
No explanation has been provided for this answer.
bull
bear
broker
jobber
stag
Correct answer is A
No explanation has been provided for this answer.