A transporter who offers to carry goods for anyone at a fee is called
2
A dormant partner is one who
3
The right that a debenture holder has on the earnings of a company is
4
Which of the following does not determine the size of a business unit
5
The printing of catalogs is one of the costs associated with the operation of
6
Labour and entrepreneur are examples of
7
House builders belong to
8
Which of the following groups of activities are commercial services
9
The price quotation where the buyer uses his own means to collect goods from the producer's warehouse is
10
Which of the following is used only in international trade?
11
The following information relates to Mallam Amidu Kachella for the year ended 31/12/2005. # Opening stock 4,000 Purchases 16,000 Sales 30,000 Debtors 6,500 Creditors 4,200 Cash in hand 800 Closing stock 5,600 Bank overdraft 3,000 The average stock is
12
When the public wants to buy more of a company's share than has been offered for sale, the share is said to be
13
Which of the following goods has the lowest rate of turnover?
14
Which of the following is not a duty of a credit union?
15
An association formed to protect the interests of buyers of various commodities is known as
16
An outright prohibition on the importation of goods to a country is referred to as
17
Which of the following assesses duties payable on imports and exports?
18
Which of the following trends in retailing provides the convenience of shopping without cash
19
The place where dutiable goods are kept until the duties on them are paid is
20
The provision of dredging and dry dock facilities at any sea port is the responsibility of
21
The time allowed for unloading and loading a ship is referred to as
22
Which of the following institutions does not belong to the capital market
23
The beneficiary of a cheque is called
24
The speculator who applies for a new issue of shares without the intention of keeping them is
25
Which of the following is not the duty of an agent to the principal?
26
The amount the assured receives if he decides to discontinue the life policy is known as
27
A specialized market where stocks and shares are bought and sold is
28
The principle where many insurance companies join to compensate one policy holder is called?
29
Demurrage is paid by a vessel for
30
In a limited partnership, one of the members must be
31
It is safer and quicker to transport petrol and gas by
32
The process of taking over the management and control of a privately owned business by government is
33
Who among the following is a middlemen?
34
The monopoly right granted to an inventor is a
35
The process of putting goods in attractive packets to arouse the interest of customers is
36
Which of the following is not reason for nationalization
37
Any activity aimed at finding out the wants of consumers and supplying them at a profit is referred to as?
38
The reduction in the value of a country's currency in relation to other country's currencies is
39
Which of the following is the main purpose of a third party insurance? To
40
The term "utmost good faith" in insurance requires that the insured must
41
Commercial banks usually settle their interbank indebtedness through the
42
Which of the following retail outlets is described as selling without shops
43
Which of the following arranges for the conveyance of goods abroad
44
The difference between the cost of goods sold and the sales value is known as
45
Which of the following is not a feature of a sole trader
46
A practice where producers of the same product come together to advertise is known as
