Podcast
Questions and Answers
Commerce is limited to the exchange of goods between businesses only.
Commerce is limited to the exchange of goods between businesses only.
False (B)
Commerce is the same as trade among economic agents.
Commerce is the same as trade among economic agents.
True (A)
Commerce is a sector of trade that deals with the exchange of goods and services from consumer to manufacturer.
Commerce is a sector of trade that deals with the exchange of goods and services from consumer to manufacturer.
False (B)
Commerce involves the exchange of goods, services, or something of value between entities, and it can also have a social aspect.
Commerce involves the exchange of goods, services, or something of value between entities, and it can also have a social aspect.
The word 'commerce' originated from the ______ language
The word 'commerce' originated from the ______ language
The Latin word 'commercium' is related to ______ and trading
The Latin word 'commercium' is related to ______ and trading
The root 'merx' is related to ______ in Latin
The root 'merx' is related to ______ in Latin
The term 'commerce' was borrowed from ______ in the mid-16th century
The term 'commerce' was borrowed from ______ in the mid-16th century
The prefix 'com-' in the word 'commerce' means ______ together
The prefix 'com-' in the word 'commerce' means ______ together