Commerce

The term which enjoins a buyer to examine goods thoroughly before making payment is?

A. uberimae fidei B. caveat venditor C. consumer sovereignty D. caveat emptor Correct Answer: Option D D. caveat emptor Explanation…

6 years ago

The coming together of people who engage in trade and industry in a particular area is?

A. an employers association B. a trade association C. a chamber of commerce D. a trade union Correct Answer: Option…

6 years ago

The right of an unpaid seller doesn’t include?

A. declaring the buyer bankrupt B. retaining the possession of the goods C. stopping the goods while in transit D.…

6 years ago

The process of placing the right people in the right position in an organization is?

A. planning B. motivating C. staffing D. directing Correct Answer: Option C C. staffing Explanation Staffing is the process of…

6 years ago

Ocean liners are vessels that?

A. sail at schedule time on fixed routes A. sail anytime to any place where there is cargo C. carry…

6 years ago

An example of a computer output device is a?

A. keyboard B. mouse C. monitor D. scanner Correct Answer: Option C C. monitor Explanation An output device is any…

6 years ago

The marketing mix element which ensures that goods are available where and when needed is?

A. place B. price C. product D. promotion Correct Answer: Option A A. place Explanation Place is also known as…

6 years ago

An agreement between two people which can be enforced is?

A. a warranty A. a contract B. an offer D. a consideration Correct Answer: Option A A. a warranty Explanation…

6 years ago

A machine supplied by a post office to an organization to imprints stamps on their letters is?

A. vending machine B. shredding machine C. automated teller machine D. franking machine Correct Answer: Option D D. franking machine…

6 years ago

Which of the following activities is aimed at closing sales?

A. insurance B. banking C. warehousing D. advertising Correct Answer: Option D D. advertising Explanation Advertising is a marketing communication…

6 years ago