1The distribution and exchange of goods and services for the satisfaction of wants in the concern of?
2Transforming raw materials into finished products is an example of?
3Transforming raw materials into finished products is an example of?
4Which of the following is concerned with actual production of goods and services?
5Which of the following has no limit to its membership?
6Which of the following does not lead to the dissolution of a partnership?
7An offer by one company to buy up all or greater part of another company's share is known as?
8The refund of a duty which had been paid on importation that are later re-exported is known as?
9Which of the following is an internal source of capital to a business concern?
10Which of the following is an internal source of capital to a business concern?
11When shares are sold "EX-DIV" it means that?
12Detailed information about a public offer of a company's shares is contained in the?
13Where two or more companies agree to work on a project too large for one of them, this is called?
14A retail outlet meant to sell only a particular manufacturer's product known as a?
15The rate at which a country's currency is converted to the currency of another country is known as?
16Which of the following requires acceptances before it can be valid?
17A retail outlet meant to sell only a particular manufacturer's product known as a?
18Which of the following requires acceptance before it can be valid?
19In international trade the direct exchange of goods for goods is?
20Department store usually?
21An agreement by which a buyer pays instalmentally but does until final settlement is made is?
22Which of the following is sent by a customer who wishes to know the price, quality and terms of sale of a product?
23The trade document signed by a representative of the country to which is not discounted is also the?
24The drawer of a bill of exchange which is not discount is also the?
25When shares are fully paid they can be converted into?
26The minimum charge at which the Central Bank lend to commercial banks is called?
27The transfer of risks already undertaken from insurance one insurance company to another is?
28Hull insurance is taken to cover?
29The principle of subrogation imposes an obligation on the insured to?
30Which of the following is not function of money? it?
31Who among among the following is not function of a stock exchange market?
32The term legal tender refers to?
33Which of the following does not influence the choice of means of transport?
34A certificate of incorporation is best favour by?
35Which of the following is a disadvantage of the use of teleprinters in communication?
36A label on a product such as "Three Crown Milk" is a form of?
39Which of the following is a customer service?
40Which of the following types of cheque protects the holder against the risk of loss?
41Which of the following types of cheque protects the holder against the risk of loss?
42The grading of products to satisfy different buyers is referred to as?
43If Baba is forced to agree go the terms of a contract at gun point, the contract is entered into?
44A major reason why government regulate business activities is to?
45Which of the following is not a method of discharging a contract?
46In a contract, offer is described as a counter offer if?
47In a contract, offer is described as a counter offer if?
48The duty of an agent of necessary to a principle is based on?
49The process by which government takes over the ownership and control of an existing private business is?
50A voluntary body formed by people in the same line of business is known as?
