Which of these is not a merit of division of labour

Creates monotony in the work force

brings about an element of automation

Training in new jobs is facilitated

Creates monotony in the work force

One of these is not a factor affecting prices of securities?

Financial statements of the company

The Forces of demand and supply

Political situation of a country

Financial statements of the company

The difference between a chamber of commerce and a trade association is that the former

is not restricted to a particular industry

is a branch of trade that sells product

consists of members engaged in the same trade

are association of individuals or firms

A conter offer is an offer that is

different from the original offer

different in terms of acceptance

JAMB UTME - Commerce - 2019 | Green Bridge CBT

Question 1 Report

A commission charged on postal order is__________

postal zero

postal orders

poundage

brokage

Answer Details

A commission charged on postal order is called "poundage." Poundage is a small fee that is charged by the postal service for processing and handling a postal order. This fee is a percentage of the total amount of the postal order and is designed to cover the costs of processing, handling, and delivering the order. Poundage is usually a small amount, but it can add up over time, especially if you use postal orders frequently. It is important to take poundage into consideration when calculating the total cost of a postal order, to make sure you have enough funds to cover both the cost of the order and the poundage fee.

Initial Capital	5000
Net Profit	1000
Furniture	2000
Equipment	2900
Debtors	100
Stock	1000
Bank	500






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