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.
balance of trade
balance of payments
terms of trade
balance of current account
balance on capital account
Correct answer is B
No explanation has been provided for this answer.
caveat venditor
consumer orientation
consumer association
consumer protection
caveat emptor
Correct answer is B
No explanation has been provided for this answer.
The form of advertising which aims at wining the market for one particular brand is known as?
informative advertisement
generic advertisement
persuasive advertisement
competitive advertisement
direct advertisement
Correct answer is D
No explanation has been provided for this answer.
The outright purchase of one company by another is called?
absorption
merger
cartel
acquisition
privatization
Correct answer is D
No explanation has been provided for this answer.
The reward of land as a factor of production is known as?
interest
rent
profit
wages
toll
Correct answer is B
No explanation has been provided for this answer.