Purchase and sale

Purchase and sale

10th Grade

14 Qs

quiz-placeholder

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Purchase and sale

Purchase and sale

Assessment

Quiz

Business

10th Grade

Practice Problem

Hard

Created by

Preeti Tressler

Used 21+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Purchase by description means

buyer looks at a catalogue

buyer looks at a sample

buyer looks at the goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which method would you use to buy groceries

purchase by description

purchase by inspection

purchase by sample

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the below activities are not involved in selling

identifying the requirement

setting up price

setting up an account

discounts and promotions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which method of sale is used for expensive items

sale through tender

Hire Purchase

auction sale

deferred installment plan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A __________________ is part payment of the total amount

price

sum

installment

discount

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In this type of sale, buyer pays in installments

cash sale

sale of approval basis

Deferred installment Plan

HIre Purchase

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tick the correct option. In a sale through installment

ownership is with the seller until all installments are paid

ownership is with the seller until 1st installment is paid

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