Commerce

A shoe repairer is engaged in a?

A. service occupation B. manufacturing C. extractive occupation D. commercial occupation Correct Answer: Option A - service occupation

6 years ago

Which of the following classes of occupation would you place a doctor?

A. Extractive B. Commerce C. Direct services D. Indirect services Correct Answer: Option C C. Direct services

6 years ago

Which of the following is an agreement to transport goods but not a document of title?

A. Air-way bill B. Bill of lading C. Charter party D. Freight note Correct Answer: Option C C. Charter party

6 years ago

Which of the following is not a right of the consumer?

A. Safety B. Choice C. Discount D. Value Correct Answer: Option D D. Value

6 years ago

A counter-offer in a contract is regarded as?

A. an acceptance B. an invitation to treat C. a rejection D. a consideration Correct Answer: Option C C. a…

6 years ago

Which of the following is not a requirement for a valid contract?

A. Representation B. Consideration C. Interest D. Performance Correct Answer: Option B B. Consideration

6 years ago

Which of the following is not a means of consumer protection?

A. Price control B. Sales Goods Act C. Trade Description act D. Tax laws Correct Answer: Option D D. Tax…

6 years ago

Which of the following agent guarantees payment for transactions entered into on half the principal?

A. Auctioneer B. Factor C. Broker D. Del credit Correct Answer: Option B B. Factor

6 years ago

A contract of sale where ownership passes to the buyer on the first installment is known as?

A. hire purchase B. lease C. cash on delivery D. credit sale Correct Answer: Option D D. credit sale

6 years ago

The deliberate and sustained efforts to maintain a good image of a company is known as?

A. personal relaxations B. public relations C. professional relations D. industrial relations Correct Answer: Option B B. public relations

6 years ago