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Question 2 Report
Which of the following does a seller send in reply to a letter of inquiry?
Question 3 Report
Which of the following CANNOT be sold through a vending machine?
Question 5 Report
Which of the following warehouse is generally found near a port?
Question 6 Report
Prospectus in relation to a public limited inability company means
Question 7 Report
An agreement that is enforceable in law is called
Question 8 Report
Which of the is used in calculating working capital?
Question 9 Report
The breaking down of work into different processes is known as
Question 10 Report
The relationship between a country’s visible imports and exports in a trading year is known as
Question 11 Report
Which of the following means of transport is most flexible?
Question 12 Report
A holding company is one which holds shares in another company up to
Question 13 Report
The policy designed to accelerate the greater participation of Nigerians in the ownership and management of business enterprises in Nigeria is called
Question 18 Report
The first Nigerian enterprises promotion decree was promulgated in
Question 19 Report
The service rendered by NIPOST in which letters are addressed to any post office to await collection by the addressee is known as
Question 20 Report
Which area of law is NOT related to business?
Question 22 Report
All the following are principles of insurance EXCEPT
Question 23 Report
A person who runs a business on his own account is called a
Question 24 Report
The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as
Question 25 Report
An instruction to an agent abroad restricting him to buy from a named manufacturer is known as
Question 26 Report
A contract in which all parties to the contract have carried out their obligation is said to be terminated by
Question 27 Report
The advertising medium which uses electric current in bulbs is referred to as
Question 28 Report
A tax paid on goods manufactured and consumed in your country is called
Question 29 Report
When the price quoted includes all the cost to the actual destination, that is, from the seller’s warehouse to the buyer’s warehouse. it is called
Question 30 Report
Which of the following is NOT part of Pre-Sales Service/ice?
Question 32 Report
An allowance made to a customer for prompt payment is known as
Question 33 Report
Shares are said to be sold at a discount when they are sold
Question 34 Report
Crude oil is best transported within the country through
Question 36 Report
The relationship between a country’s visible imports and exports in a trading year is known as
Question 37 Report
A bill of exchange sold for less than its face value before maturity is said to be
Question 39 Report
A voluntary association of business executives, trader men, entrepreneurs and others in a city, town or country is called a
Question 40 Report
Which is NOT a legislation aimed at protecting the consumer?
Question 41 Report
A public limited liability company is owned by
Question 42 Report
The body charged with the responsibility monitoring the quality of goods supplied is the
Question 43 Report
Which of the following can be used to establish an importer's title to goods?
Question 44 Report
The sum which the insured pays periodically to his insurance company is called
Question 47 Report
Which of the following is NOT part of the marketing mix?
Question 48 Report
The deliberate throwing of some goods into the sea to prevent the ship from sinking is an example of
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