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Question 1 Rapport
Kola who had an accident was taken to hospital by Kemi. Kola promised to give Kemi N 500 when discharged. Kola failed to fulfil his promise. Which of the following is legally correct?
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Question 2 Rapport
An unconditional order by a creditor to a debtor requiring payment on a specified date is called
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Question 3 Rapport
The trade that takes place when imported goods are re-exported is known as
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Question 4 Rapport
A legal document representing a promise by a company to pay back a loan over a period of time is referred to as a
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Question 5 Rapport
information and communication technology is advantageous to the banking industry because
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Question 9 Rapport
The price of an item is N 300 with a trade discount of 20%, What is the selling price?
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Question 10 Rapport
The individuals who conceive the idea of a company and undertake to fulfill the legal requirements for the venture are the
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Question 11 Rapport
The type of advertising that influences consumer's choice of products is
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Question 13 Rapport
The factors responsible for large scale production of durable goods are
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Question 14 Rapport
The effective dissemination of information about products is a social responsibility of a company to its
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Question 15 Rapport
A management function which reflects effective identification and grouping of work is
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Question 18 Rapport
A factor that hinders the achievement of ECOWAS objectives is
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Question 19 Rapport
A system in which a group of persons are appointed to carry out special duties of policy and decision-making is referred to as the
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Question 20 Rapport
One of the primary functions of the thrift, credit and loans cooperative society is to
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Question 22 Rapport
The transfer of risks from an insurer to another insurer for premium is referred to as
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Question 24 Rapport
A mutual compromise between the central bank and other banks on strategies for economic activities is reached through
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Question 26 Rapport
A document issued by financial organizations to enable holders to buy goods on credit is called
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Question 27 Rapport
The profit received by a member of a cooperative society is
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Question 28 Rapport
The inflationary conditions of a country and her interest rate constitute her
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Question 29 Rapport
An electronic system of communication which serves as the international information bank is called
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Question 33 Rapport
Personal selling is important to a business because it can be used to
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Question 34 Rapport
Which of the following is the best form of sales promotion?
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Question 35 Rapport
The luxurious boats used for passengers from one town to another are
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Question 36 Rapport
The contribution of a department towards the attainment of corporate goals is its
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Question 37 Rapport
The construction of dams, irrigation drains and navigation major responsibility of the
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Question 39 Rapport
An element of the marketing mix that is concerned with feature and quality is
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Question 42 Rapport
Foreign trade transactions are carrried out through the use of
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Question 43 Rapport
In the Sale of Goods Act, goods which have been identified and agreed upon at the time of contract are called
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Question 44 Rapport
Free editorial space or time not paid for by an organization is called
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