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Frage 3 Bericht
The principle of insurance which ensures that an individual is restored to his former position after suffering a loss is
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Frage 4 Bericht
Which of these is NOT a governments legislation to protect thee consumer?
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Frage 5 Bericht
The aid to trade which enables producer and consumer to transact business without physical contact is known as
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Frage 6 Bericht
In the event of winding up of a company, who among the following is paid last?
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Frage 7 Bericht
The coming together of two or more firms with each of them losing its identity is known as
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Frage 8 Bericht
Departmental store, supermarket and chain store are examples of
Frage 9 Bericht
The association that encourages savings for the benefit of its members is known as
Frage 11 Bericht
Which of the following advertising media preselects its readership through the nature of its content?
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Frage 13 Bericht
Which type of advertisement induces consumer to purchase the goods he does not need?
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Frage 14 Bericht
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
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Frage 15 Bericht
The documents sent by the suppliers of good to a prospective buyer, informing him of what to pay if he buys the good is
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Frage 16 Bericht
Which of the following types of insurance is usually excluded from the principle of indemnity?
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Frage 19 Bericht
Transfer of ownership of goods sold under Hire Purchase System takes place when _____ paid.
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Frage 20 Bericht
Which of the following forms part of a company’s Article of Association?
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Frage 22 Bericht
A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
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Frage 23 Bericht
The following are advantages of division of labour specialization EXCEPT that it
Frage 26 Bericht
Stock exchange quoted the shares of ABC Plc at N0.75K for N1.25K per share. This means the shares were sold at a
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Frage 30 Bericht
A wholesaler who acts as an agent on behalf of the owner of the goods in buying or selling fora commission proportionate to the value of the transaction is called a
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Frage 31 Bericht
An agent held responsible for non-payment of goods bought by the customer he introduced to his principal is called …… agent
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Frage 32 Bericht
Which of the following is NOT a component of trade?
Frage 33 Bericht
The most important document an importer requires to be able to clear his goods from the harbour is
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Frage 35 Bericht
Gross profit can be calculated as
Frage 37 Bericht
A type of partnership in which all partners have unlimited liability and jointly manage the business is known as ……. partnership.
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Frage 38 Bericht
The document that spells out the relationship of a company with the outside world is known as
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Frage 40 Bericht
Branding is the assigning of trade marks to goods for the purpose of ……….. by the public.
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Frage 41 Bericht
Bonded warehouse is controlled and supervised by
Frage 42 Bericht
The document which gives complete information about the goods sold is the
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Frage 44 Bericht
The rules and regulations guiding the conduct of business transactions are known as ……. law
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Frage 45 Bericht
The activities concerned with changing of raw materials into finished products belong to ______ occupation
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Frage 46 Bericht
A ship which has no fixed schedule and travels wherever it can find cargoes to carry is a
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Frage 47 Bericht
One of the easiest means of transporting petroleum product is by
Frage 48 Bericht
Which of the following groupings is a means of payments through the post office
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Frage 50 Bericht
Commerce is often referred to as the life blood of every nation because it
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