Selling and Sales Quiz
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is considered a sale?

  • The settlement of a price for goods or services
  • The obligation of payment by the purchaser
  • The passing of title of the item
  • The exchange of goods or delivery of a service for a cost (correct)

Who typically executes the sale?

  • The purchaser
  • The seller (correct)
  • The salesclerk
  • The shop assistant

What is a person called who sells goods on behalf of the owner?

  • Salesclerk
  • Purchaser
  • Salesperson (correct)
  • Shop assistant

Which laws govern sales of goods in common law countries?

<p>Common law and commercial codes (C)</p> Signup and view all the answers

In the United States, what laws govern sales of goods?

<p>Most jurisdictions have adopted Article 2 of the Uniform Commercial Code (C)</p> Signup and view all the answers

What is the passing of title (property or ownership) of the item in a sale referred to as?

<p>Transfer of ownership (A)</p> Signup and view all the answers

What is a period during which goods are sold for a reduced price commonly referred to as?

<p>Sale (C)</p> Signup and view all the answers

Who completes a sale in an interaction with a buyer?

<p>Seller or provider of goods/services (D)</p> Signup and view all the answers

What is a person who sells goods or services on behalf of the owner known as?

<p>Salesman/saleswoman/salesperson (D)</p> Signup and view all the answers

In common law countries, what generally governs sales?

<p>Common law and commercial codes (B)</p> Signup and view all the answers

More Like This

Sales and Selling Quiz
3 questions

Sales and Selling Quiz

StrongAntigorite avatar
StrongAntigorite
Mastering Sales Techniques Quiz
10 questions
Sales Essentials Quiz
3 questions
Sales Process Basics Quiz
6 questions

Sales Process Basics Quiz

MarvellousFeynman avatar
MarvellousFeynman
Use Quizgecko on...
Browser
Browser