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.
Stevedores as a term in foreign trade means men who
inspect goods in ships
import goods by ships
collect duties in ships
load and unload ships
Correct answer is D
A stevedore, dockworker, docker, dock laborer, wharfie, wharf rat, lumper, and/or longshoreman is a waterfront manual laborer who is involved in loading and unloading ships.
Excise duties are paid on goods that are
imported into the country
manufactured within the company
exported to other clonutries
kept in bond warehouses
Correct answer is B
No explanation has been provided for this answer.
In foreign trade, document of title is known as
bill of lading
bill at sight
certifiate of origin
declaration form
Correct answer is A
No explanation has been provided for this answer.
The main aim of selling directly to consumers by manufactures is to
dis courage the activities of middlemen
make contacts with comsumers
eliminate transportation cost
maximize the profit margin
Correct answer is A
No explanation has been provided for this answer.
The cost of transporting goods to consumers called
carried inward
carried forward
carried paid
carried outward
Correct answer is D
No explanation has been provided for this answer.