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.
Ware house are located in Lagos because of?
availability of wholesale
even development
nearness to sea and airports
the need to check smuggling
the need to create additional cost of production
Correct answer is C
No explanation has been provided for this answer.
The main similarity between commercial banks and other financial institution is?
the acceptance of customers' deposit and making on their behalf
financing of balance of payment deficits
creating and destroying money
giving credits to individuals or organizations
giving night safe facilities
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a reason for forming a customer association?
Protection against poor quality goods
Protection against unscrupulous salesmen
Improving the quality of goods to consumers
Improving the quality of services to shoppers
Making profit for consumers
Correct answer is E
No explanation has been provided for this answer.
UTC, kingsway Stores and Leventis Stores are typical examples of?
Telephone
Recorded delivery
Telex
Express mail
Bill of lading
Correct answer is B
No explanation has been provided for this answer.
A term embracing buying, selling and distributing of goods and services is known as?
wholesale trade
retail trade
commerce
market mix
marketing concept
Correct answer is C
No explanation has been provided for this answer.