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Question 2 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 3 Report
Production means
Question 5 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 6 Report
ln stock exchange, the buyer is NOT entitled to the dividend when the stock is quoted
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Question 8 Report
What is NOT a concern of the Food and Drug Department of the Federal Ministry of Health?
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Question 13 Report
ln partnership business, the maximum number of persons for its formation is
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Question 14 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 17 Report
What is NOT a suitable reason for the growth in large retail business?
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Question 18 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 19 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 32 Report
What is an aim of a trade association?
Question 33 Report
What is NOT a means of Central Bank’s controlling the credit policy of commercial banks?
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Question 34 Report
What is NOT an advantage of direct distribution of goods to the consumer by the manufacturer?
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Question 35 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 36 Report
What is the OBJECT of a co-operative society?
Question 37 Report
What is the disadvantage of foreign trade?
Question 38 Report
What is NOT a lecture of a co-operative society?
Question 40 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 41 Report
What is NOT an advantage of combinations (monopolies)?
Question 42 Report
Which union is formed by the workers of firms of similar line of business to cater for their interests?
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Question 44 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 45 Report
What is NOT a characteristic of a Private Limited Liability Company?
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