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.
The function of a merchant wholesaler is to
buy in bulk, store and sell to retailerss as desired
posses title to the goods, store and sale to retailers
bring buyers and sellers together
find markets for producers' finished goods
Correct answer is A
No explanation has been provided for this answer.
The current trend in retailing competition in Nigeria are?
advertising and sales promotion strategies
branding, enterprising and diffrentiation of goods and services
self-service, after-sales service and services and branding strategies
after-sales services and sales promotion strategies
Correct answer is A
No explanation has been provided for this answer.
The main factors militating against the rapid growth of trade in Nigeria are?
inadequate transportation network and huge capital outlay
lack of motivation and government attitude towards trade
lacks of good transportation network and insecurity of investment
huge capital outlay and government attitude to trade
Correct answer is C
No explanation has been provided for this answer.
The share capital value that forms part of the balance sheet total is the
paid-up share capital
called-up share capital
authorized share capital
issued share capital
Correct answer is A
No explanation has been provided for this answer.
Determined the circulating capital?
N250,000
N245,000
N235,000
N225,000
Correct answer is C
No explanation has been provided for this answer.