1Capital owned is the same as?
2A business that has no upper limit to the number of owners is?
3An agreement between two parties which can be enforced is called?
4Which of the following is not used by the Central Bank to restrict lending by commercial banks?
5Which of the following relies on the government for its initial capital?
6A cheque does not contain?
7The most acceptance and convenient means of payment in foreign trade is?
8An association of firms, producing similar commodities, formed in order to keep up prices by restricting output is called?
9An establishment that specializes in taking care of risks is called?
10Which of the following is an example of a commercial occupation?
11Which of the following carries the bulk of goods involved in foreign trade?
12A stock exchange is a market for?
13Which of the following gives a temporary protection to the insured while the policy is being drawn up?
14Which of the following is not a function of management?
15Which of the following is responsible for the welfare of staff in an organisation?
16Which of the following is not a marketing function?
17. Which ofthe following is notan aim of advertising? To
18ln which of the following environments does a firm that uses out-dated equipment operate?
19Which of the following is sent when credit is not allowed?
20Which of the following does not determine the form ofa business unit?
21Agents who link buyers with sellers receive?
22Which of the following is not a feature of supermarkets?
23Which of the following is an objective of indigenisation? To
24In which of the following are the objectives of a company stated?
25The coming together of firms at different stages of the production process is known as?
26Who among the following is not a commercial occ?upaation
27The storing of goods under proper conditions until they are required is a function of?
2830 Rate of turnover is the?
29A postal order, either crossed or open is only valid for a period of?
30The process of taking over private business by government is known as?
31Which of the following is not the objective of Consumer Association? To
32Zaico Ltd invoiced goods valued at N80,000 to Victory Ltd for N8,000. Which of the following will Zaico Ltd send to Victory Ltd to correct the error?
33Which of the following is an example of extractive industry?
34The raising of new capital by allowing existing shareholders the privilege to buy shares at preferential rate is called?
35The raising of new capital by allowing existing shareholders the privilege to buy shares at preferential rate is called?
36The agreed amount payable to a policy holder when the event insured against occurs is?
37The rate at which one country”s products are exchanged for the products of another is?
38The rate at which one country”s products are exchanged for the products of another is?
39Which of the following is not performed by the shipping and forwarding agents?
40A group of trims that produce similar goods or sen/ices is called?
41Retail outlets which sell from specialised vans are
42Which of the following is a problem facing mail order business?
43When the exporter arranges for the dispatch of goods but leaves the cost of transport to be paid by the importer, the price quoted is?
44The practice of selling goods in foreign countries at lower prices than obtainable in the exporting country is known as?
45The process of entrusting part of the work of a superior and the corresponding authority to a subordinate in an organisation is called?
46Which of the following is not considered by banks when granting loans to customers?
47Which of the following is not considered by banks when granting loans to customers?
48A cheque that is drawn on a bank is called?
49The rebate given to the retailer by the wholesaler to enable him make profit is known as?
50Who among the following is not involved in foreign trade?
51The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies is?
52Which of the following belongs to the capital market?
53The rebate given to the retailer by the wholesalerto enable him make profit is known as
54Who among the following is not involved in foreign trade?
55Which of the following belongs to the capital market?
56The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies?
57Commerce is not concerned with?
58An alternative term for ordinary shares is?
59The retail of goods through currency operated machines is known as?
60Any paid form of non-personal presentation of ideas, goods or services by an identified sponsor is known as?
61The art of achieving stated objectives of a business organisation in a most efficient way through the use of human and material resources is?
62ECOWAS headquarters is located in?
63Which of the following encourages free trade among member nations?
64Which ofthe following refers to the practice ofimporting forre-export?
65Firms merge in order to?
66Firms merge in order to?
67Which of the following is responsible for carrying oiut the monetary policy of a country?
68Which of the following indicates the manufacturer from whom goods are to be bought?
69Which of the following is not a branch of commerce?
70Which of the following is not a branch of Commerce?
71Which of the following is not a negotiable instrument?
72Those involved in obtaining the gifts of nature from land and sea are engaged in?
