Which of the following is not a function of commerce?
2
Which of the following is not a function of commerce?
3
Which of the following is not a function of commerce
4
Any activity that changes raw materials into consumer or industrial goods is
5
The divisions of production are
6
Risks in business are borne by the
7
The main aim of credit and thrift societies is to
8
In which of the following business units are profits shared on the basis of membership patronage?
9
A business becomes a separate legal entity after it has
10
The amalgamation of firms engaged in cotton processing and the manufacturing of textiles is
11
A private company's ability to raise capital is limited because
12
An increase in the volume of sales is also an increase in
13
The working capital of a firm is calculated as
14
Dividend is always expressed as a percentage of total
15
Which of the following is a duty of the Employers Association?
16
A very effective way of resisting the producer's exploitation is to
17
Which of the following makes sales possible without a sales attendant ?
18
Which of the following distinguishes supermarkets from other retail outlets
19
Manufacturers sell directly to consumers when they
20
Which of the following is regarded as a document of title in foreign trade?
21
The most acceptable means of payment in foreign transaction is
22
Which of the following is not a function of the Ports Authority
23
Terms of trade refers to
24
The aid to trade responsible for the preservation of perishable items is
25
Which of the following abbreviations permits the seller to correct any error in an invoice?
26
C % F as a price quotation in foreign trade means that the buyer
27
A bill of exchange is made more negotiable if it has been
28
A bill of exchange is made up more negotiable if it has been
29
The primary objective of insurance is to
30
Which of the following services is rendered by Central Bank?
31
Which of the following gives businessmen the opportunity to buy shares of public limited companies?
32
The liquid assets of commercial banks are
33
The insurance policy which covers damages to the body of a ship is
34
Which of the following central bank functions inspires confidence in the banking system in case of emergency?
35
Which of the following proves that important documents have reached their destination?
36
The main advantage of sea transport over air transport is
37
The mode of transport that conveys goods at low cost per unit is
38
Any activity aimed at creating more markets for a product is
39
Activities aimed at boosting the image of an organization are regarded as
40
When consumers are unaware of the quality of a product, the best advertising technique to use is
41
Which of the following is not an obstacle to the achievement of the objectives of ECOWAS
42
Musa entered into a contract to supply two cows to Aro. Before the agreed date of supply and without the knowledge of the two parties, thieves stole the cows. This is an example of termination of contract by
43
Abuse and monopoly of power by industrialists could lead to
44
Which of the following is an objective of indigenization policy? To
45
One of the objectives of ECOWAS is to
46
The amount of insurance premium to be paid depends on the
47
Which of the following is the main task of the Marketing Manager whose company has adopted the marketing concept? To
48
The Money Market is the
49
The choice of medium used in advertising is not determined by the
50
If a country wishes to discourage imports, it
51
Which of the following sources of capital to a business requires mortgaging specific asset
52
Which of the following interest holders are settled first in case of a company's liquidation
53
The West African Clearing House(WACH)was established to
