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.
N320
N420
N460
N560
Correct answer is A
No explanation has been provided for this answer.
The insurance principle that requires full disclosure of information on the insured is known as
indemnity
uberrimae fidei
subrogation
caveat emptor
Correct answer is B
No explanation has been provided for this answer.
Tourists with no fixed address in a town may receive their letters from the post office through a
recorded delivery
poste restante
parcel post
postmaster
Correct answer is B
No explanation has been provided for this answer.
Ocean liners are subdivided into
passenger liner and cargo liners
coastel liners and cargo liners
cargo liners and tramp liners
passenger liners and tramp liners
Correct answer is A
No explanation has been provided for this answer.
An invoice can be described as a
contractual agreement for the sale of goods
document specifying quantity, description, prices and total value of purchase
receipt containing necessary information about the goods
letter specifying the contractual sales of goods between two parties
Correct answer is B
No explanation has been provided for this answer.