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Tambaya 4 Rahoto
The document that spells out the relationship of a company with the outside world is known as
Bayanin Amsa
Tambaya 7 Rahoto
The aid to trade which enables producer and consumer to transact business without physical contact is known as
Bayanin Amsa
Tambaya 8 Rahoto
The document which gives complete information about the goods sold is the
Bayanin Amsa
Tambaya 9 Rahoto
The principle of insurance which ensures that an individual is restored to his former position after suffering a loss is
Bayanin Amsa
Tambaya 10 Rahoto
The following are advantages of division of labour specialization EXCEPT that it
Tambaya 11 Rahoto
Gross profit can be calculated as
Tambaya 13 Rahoto
The most important document an importer requires to be able to clear his goods from the harbour is
Bayanin Amsa
Tambaya 15 Rahoto
Which type of advertisement induces consumer to purchase the goods he does not need?
Bayanin Amsa
Tambaya 17 Rahoto
Branding is the assigning of trade marks to goods for the purpose of ……….. by the public.
Bayanin Amsa
Tambaya 18 Rahoto
Which of these is NOT a governments legislation to protect thee consumer?
Bayanin Amsa
Tambaya 19 Rahoto
One of the easiest means of transporting petroleum product is by
Tambaya 22 Rahoto
The association that encourages savings for the benefit of its members is known as
Tambaya 24 Rahoto
Which of the following is NOT a component of trade?
Tambaya 25 Rahoto
The documents sent by the suppliers of good to a prospective buyer, informing him of what to pay if he buys the good is
Bayanin Amsa
Tambaya 27 Rahoto
Bonded warehouse is controlled and supervised by
Tambaya 28 Rahoto
A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
Bayanin Amsa
Tambaya 29 Rahoto
An agent held responsible for non-payment of goods bought by the customer he introduced to his principal is called …… agent
Bayanin Amsa
Tambaya 30 Rahoto
Commerce is often referred to as the life blood of every nation because it
Tambaya 31 Rahoto
Which of the following forms part of a company’s Article of Association?
Bayanin Amsa
Tambaya 34 Rahoto
The coming together of two or more firms with each of them losing its identity is known as
Bayanin Amsa
Tambaya 35 Rahoto
Transfer of ownership of goods sold under Hire Purchase System takes place when _____ paid.
Bayanin Amsa
Tambaya 36 Rahoto
Use the information below to answer this question.
Aisha sold her wristwatch to Halima for N2,000.00 and she paid
The sum of N2,000.00 is the
Bayanin Amsa
Tambaya 37 Rahoto
Stock exchange quoted the shares of ABC Plc at N0.75K for N1.25K per share. This means the shares were sold at a
Bayanin Amsa
Tambaya 38 Rahoto
Which of the following advertising media preselects its readership through the nature of its content?
Bayanin Amsa
Tambaya 39 Rahoto
Which of the following types of insurance is usually excluded from the principle of indemnity?
Bayanin Amsa
Tambaya 40 Rahoto
A type of partnership in which all partners have unlimited liability and jointly manage the business is known as ……. partnership.
Bayanin Amsa
Tambaya 41 Rahoto
Departmental store, supermarket and chain store are examples of
Tambaya 47 Rahoto
The rules and regulations guiding the conduct of business transactions are known as ……. law
Bayanin Amsa
Tambaya 49 Rahoto
The activities concerned with changing of raw materials into finished products belong to ______ occupation
Bayanin Amsa
Tambaya 50 Rahoto
Which of the following groupings is a means of payments through the post office
Bayanin Amsa
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