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Commerce Past Questions


Question 3936:


Bonded warehouses are controlled by ____________

A. Clearing and forwarding agents
B. Custom and excise
C. Export promotion council
D. Marketing boards
E. Port authority


Question 3937:


Marketing mix consists of ____________

A. Place, planning, play and price
B. Planning, controlling and organizing
C. Product, place, price and promotion
D. Promotion, play, planning and price
E. Price, planning, promotion and price


Question 3938:


A common legal association which exists when one party, known as the principal authorizes another party to enter into contract is called ____________

A. Agency
B. Contract agreement
C. Legal relation
D. Offer and acceptance
E. Valid contract


Question 3939:


A situation where a consumer's need is the focus of attention is regarded as ____________

A. Consumer orientation
B. Marketing concept
C. Market research
D. Market segmentation
E. Sales orientation


Question 3940:


A document which must be prepared and produced by the promoters of a company and contains ‘external rules’ is called ____________

A. Article of Association
B. Companies’ Act
C. Memorandum of Association
D. Deed
E. Prospectus






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