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REVIEW ACT HELE 6 1ST

Authored by Arianne Celestial

Professional Development

Professional Development

Used 2+ times

REVIEW ACT HELE 6 1ST
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65 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a person that plans a business and makes decisions to sell products or services?

Buyer

Entrepreneur

Seller

Merchant

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who purchase products or avail services are called:

Entrepreneurs

Sellers

Buyers

Creditors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT a consideration of buyers?

Get quality goods at reasonable costs

Evaluate information about the product

Deliver goods on time

Pay the agreed price

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who transfer products or services to buyers in exchange for money are called:

Buyers

Sellers

Entrepreneurs

Producers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Vendors, dealers, and suppliers are examples of:

Buyers

Sellers

Entrepreneurs

Partners

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a right of a seller?

Deliver goods carefully

Get the goods back if buyer fails to pay

Provide warranty

Make fair business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One-time purchases with shallow commitment are:

Long-term relationships

Regular partnerships

Short-term relationships

Business contracts

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