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Question 5 Report
lf the price of a good falls and the demand for that good also fall, then that good is .......
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Question 6 Report
What is NOT an advantage of direct distribution of goods to the consumer by the manufacturer?
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Question 8 Report
What is NOT a means of Central Bank’s controlling the credit policy of commercial banks?
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Question 11 Report
What is NOT an advantage of combinations (monopolies)?
Question 12 Report
Production means
Question 13 Report
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C.
ln which business is profit shared amongst the shareholders on the basis of patronage?
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Question 15 Report
Under what form of life insurance policy is premium paid over an agreed number of years and the sum assured is paid either at the end of that specified time or when the policy holder dies, whichever comes first?
Question 16 Report
What is the disadvantage of foreign trade?
Question 18 Report
Which term means that for the price quoted, transporting the goods is ‘free’ up to the time it is placed on board a carrier?
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Question 19 Report
What is NOT a lecture of a co-operative society?
Question 25 Report
ln stock exchange, the buyer is NOT entitled to the dividend when the stock is quoted
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Question 28 Report
What is the OBJECT of a co-operative society?
Question 29 Report
What is an aim of a trade association?
Question 30 Report
A voluntary body formed by members of a particular branch of trade or industry to represent the interests of members is known as
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Question 34 Report
ln partnership business, the maximum number of persons for its formation is
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Question 37 Report
What is NOT a characteristic of a Private Limited Liability Company?
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Question 38 Report
A document which makes it obligatory on the part of the seller to supply the goods or services if the inquirer accepts the conditions stated therein is called Alan
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Question 40 Report
What is NOT a suitable reason for the growth in large retail business?
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Question 42 Report
In the stock exchange what is the day when the parties to a transaction decide whether the bargain should be completed held over until the next settlement?
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Question 43 Report
What is NOT a concern of the Food and Drug Department of the Federal Ministry of Health?
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Question 44 Report
The bringing of ownership and management of a former private industry under the control of the government is called
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Question 46 Report
Which union is formed by the workers of firms of similar line of business to cater for their interests?
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