Question

Q1 What do you understand by a mercantile company?

Answer 1

Answer:

• relating to trade or commerce; commercial.
• "the shift of wealth to the mercantile classes
• Relating to trade or commerce; commercial; having to do with the business of buying and selling; relating to merchants
• .A mercantile agency is an individual or company in the business of collecting data about the financial status, ability, and credit of individuals who are engaged in business.

Answer 2

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A mercantile company is a company which buys goods at low cost and sells at high price.

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