Which of the following is true about Commerce and Business?

The scope of business is wider than commerce
The scope of commerce is wider than business
Both have the same scope
None is correct
The scope of business is wider than commerce  

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Every month card holder receives
A. statement
B. invoice
C. note
D. advice note
A price, which includes cost of goods plus delivery charges, dock charges, ship freight, export duty and loading charges are called
A. Duty paid
B. Custom duties
C. Ex-ship charges
D. In bond price
The goods remains the property of the seller until the purchase price has been installed is the attribute of
A. conditional sale agreement
B. hire purchase agreement
C. credit sale agreement
D. consumer credit agreement
The color of credit note is
A. yellow
B. pink
C. red
D. white
Co-operative society only serves the
A. large social circle
B. local society
C. domestic society
D. local community
If the exporter is made responsible for deciding the quality and price of goods, alongwith other factors then it is called
A. Open indent
B. Close indent
C. None of these
D. Both A and B
Wholesaler purchases goods from
A. producer
B. manufacturers
C. suppliers
D. retailers

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