A. factors B. distributors C. brokers D. auctioneers Correct Answer: Option A A. factors Explanation A factor is a type…
A. dock warrant B. freight note C. bill of lading D. mate's receipt Correct Answer: Option B B. freight note…
A. speculation B. arbitrage C. contango D. hedging Correct Answer: Option A A. speculation Explanation Speculation in regards to commodity…
A. price B. place C. population D. product Correct Answer: Option C C. population Explanation The marketing mix (also known…
A. a jobber B. an agent C. a broker D. a distributor Correct Answer: Option A B. an agent…
A. breach B. agreement C. frustration D. performance Correct Answer: Option C C. frustration Explanation frustration of contract; is the…
A. rail B. road C. air D. pipeline Correct Answer: Option A A. rail Explanation Railway transport is cheaper as…
A. giving advice on the use of a product B. influencing customers to buy a product C. giving gifts to…
A. bill of sale B. bill of sight C. bill of entry D. bill of lading Correct Answer: Option D…
A. store of value B. medium of exchange C. double coincidence of wants D. means of deferred payment Correct Answer:…