Commerce

The physical component of a computer system is?

A. software B. hardware C. hard disk D. floppy disk Correct Answer: Option B - hardware Explanation Computer hardware includes…

5 years ago

The process of transferring data from one computer to another is referred to as?

A. downloading B. faxing C. browsing D. decoding Correct Answer: Option A - downloading Explanation Downloading; the copying of (data)…

5 years ago

The sole legal right held by the author to publish his book is?

A. trademark B. copyright C. patent right D. bookmark Correct Answer: Option B - copyright Explanation Copyright; the exclusive and…

5 years ago

A contract can be terminated through?

A. physical combat B. family intervention C. frustration D. consultation Correct Answer: Option C - frustration Explanation One of the…

5 years ago

The right to retain possession of goods until the contract price is paid is referred to as?

A. a promise B. ultra vires C. a breach D. a lien Correct Answer: Option D - a lien Explanation…

5 years ago

A motor dealer who agreed to sell a car to Mr. X but delivered it to Mr. Y on the delivery date agreed with Mr. X. He has discharged the contract by?

A. performance B. frustration C. an agreement D. breach Correct Answer: Option D - breach Explanation If one of the…

5 years ago

An agent employed to sell goods delivered to him by the principal is referred to as a?

A. special agent B. del credere agent C. factor D. universal agent Correct Answer: Option C - factor Explanation A…

5 years ago

A contract that is acknowledged before the law court is referred to as?

A. informal contract B. formal contract C. contract of records D. specialty contract Correct Answer: Option C - contract of…

5 years ago

The breaking down of a market into separate and identifiable elements is known as?

A. differentiation B. segmentation C. skimming D. penetration Correct Answer: Option B - segmentation Explanation Market segmentation is the process…

5 years ago

The essential utility derived from the use of a product is known as?

A. augmented benefit B. branded benefit C. core benefit D. formal benefit Correct Answer: Option C - core benefit Explanation…

5 years ago