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.
mulitple shop
supermarket
superstore
departmental store
Correct answer is D
No explanation has been provided for this answer.
The Customs and Excise Department is responsible for the the collection of?
royalties
tariffs
taxes
charges
Correct answer is B
No explanation has been provided for this answer.
The major types of warehouse are?
manufacturer, bonded, departemental and private
bonded, public, coldroom and private
manufacturer, bonded, public and departmental
wholesaler, manufacturer, public and bonded
Correct answer is D
No explanation has been provided for this answer.
Consumerism aims at protecting the consumer from?
harmful products
drug addiction
smoking cigarettes
alcohol consumption
Correct answer is A
Consumerism simply means the protection or promotion of the interests of consumers. It is a modern movement for the protection of the consumer against useless, inferior, or dangerous products, misleading advertising, unfair pricing, etc.
Hire purchase is beneficial to the seller because?
it enhances his living standard
it increases his turnover
people pay instalmentally
of the patronage he enjoys
Correct answer is B
No explanation has been provided for this answer.