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Question 1 Report
The combination of business activities of Abbas Ltd and Denko Ltd to form one large company is
Question 2 Report
Which of the following is not an economic grouping in West Africa?
Question 3 Report
A firm which turns timber into wooden office desks belongs to the
Question 6 Report
An agreement in which Phillip paid half of a car and accepted to pay the rest in instalments is a
Answer Details
Question 9 Report
The principle that applies when Greene and Sunwar Insurance Companies jointly indemnified Fatou for the destruction of her storey building by fire is
Answer Details
Question 10 Report
A customer who wishes to withdraw an amount greater than the balance in his current account would apply for?
Question 11 Report
The difference between commercialization and privatization is that commercialized businesses
Question 12 Report
Where there is no deed of partnership, members share profit on
Question 13 Report
The management term which refers to the number of staff a superior officer can efficiently supervise is
Question 14 Report
A firm which imports goods with the view of re-exporting them is engaged in
Question 15 Report
The restructuring of a government enterprise with the intention of making it profit oriented is
Question 16 Report
Which of the following roles is performed by middle management in an organization?
Answer Details
Question 17 Report
one of the aims of a trade association is to
Question 18 Report
A risk whose probability of occurrence is impossible to estimate is
Question 19 Report
A proportion of the total deposit that a commercial bank must keep as cash and convertible paper is
Question 20 Report
An agent whose authority, as conferred by the principal, has no limit is a
Answer Details
Question 21 Report
Which of the following types of advertising is aimed at taking away existing buyers from their slippers?
Question 22 Report
An instruction to a bank regular payment to a third party on behalf of a customer is
Question 24 Report
The charge paid by a speculator for non-settlement of his account within the specified period is
Answer Details
Question 25 Report
A means of payment through the post office is
Question 26 Report
An instruction to a bank to make regular payment to a third party on behalf of a customer is
Question 27 Report
The factor of production that is fixed in nature is
Question 28 Report
A new offer of contract that terminates the original offer is
Question 29 Report
Which of the following activities increases demands for goods and services
Question 30 Report
A diagram showing the positions of the structure of a company is
Question 31 Report
The keyboard of a computer is classified as
Question 32 Report
A partner whose only contribution to the partnership is his name and goodwill is
Question 33 Report
Computer manufacturers in an area could a form of a
Question 34 Report
Cash in hand and at bank, plus debtors are components of
Question 35 Report
XYZ Bank of commerce PLC is the
Question 38 Report
A stock exchange broker is engaged in
Question 39 Report
The headquarters of the Mano River Union is in
Question 40 Report
Goods sold under a distinctive trademark are
Question 41 Report
A group of companies formed to carry out an activity that is beyond the ability of any individual company is
Answer Details
Question 42 Report
A communication equipment which is stationed in space for sending signals is
Question 43 Report
Rent is the return on
Question 44 Report
A source of capital to a public company which attracts a fixed rate of interest is
Answer Details
Question 45 Report
An international trade practice where goods are exchanged for other goods is
Question 46 Report
A cheque for which payment is refused due to insufficient funds is a
Question 47 Report
The share capital of a company stated in the memorandum of association and approved by the registrar of companies is
Answer Details
Question 48 Report
One of the factors which determines the choice of transport for goods is the
Question 49 Report
The type of business where management is separated from ownership is a
Answer Details
Question 51 Report
Retail outlets which sell from vehicles are
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