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Question 1 Report
Shares issued to existing shareholders, without paying for them are referred to as ....... issue.
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Question 2 Report
The agreement between an exporter and a ship owner to convey goods is known as
Question 3 Report
Which of the following risks would an insurance company not prepared to cover?
Question 4 Report
A document which can be used for both internal and external trade is
Question 5 Report
The national headquarters of Niger Basin Commission is at
Question 6 Report
A discount that is given to middlemen in order to make good profit is called .......... discount.
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Question 7 Report
Which of the following gives Nigerian’s the opportunity to take active part in industry and commerce?
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Question 8 Report
A public limited company can borrow from the public to increase its capital by
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Question 10 Report
Which of the laws of consumers protection fixes the rate of interest that may be charged on loans?
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Question 11 Report
The factor of production that combines others factors and bears the risks in production process is
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Question 12 Report
Which of the following invites the general public to subscribe for its shares?
Question 14 Report
......is a letter sent to the suppliers requesting details of goods offered for sale
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Question 16 Report
Organization of a wholesale warehouse in a typical company consist of the following EXCEPT ....... department.
Question 17 Report
Who among the following is the last link in the chain of distribution?
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Question 20 Report
Which of the following organizations look after harbours, docks and waterways in Nigeria?
Question 21 Report
A form of business unit in which members are given patronage allowance is
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Question 22 Report
The coming together of two or more companies to form one big viable company is known as
Question 24 Report
The government regulates business activities through the following measures EXCEPT
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Question 26 Report
Who takes the initial step to form a company prior to its incorporation?
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Question 28 Report
Re-exporting imported goods to another country is known as ........ trade.
Question 29 Report
Which means of transport is most suitable for moving crude oil, gas and water from Port Harcourt to Kaduna?
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Question 30 Report
A share ducted “Cum div”, means that the dividend for the current year will be paid to the
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Question 34 Report
The act of bringing a privately owned business under exclusive state ownership and control is referred to as
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Question 36 Report
Which of the following does NOT relate to marine insurance?... policy
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Question 37 Report
Any member of the public who wants to buy shares in the stock market will first of all meet a/an
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Question 39 Report
Who among the following engages in manufacturing occupation?
Question 40 Report
The second tier security market is an example of
Question 41 Report
The amount which a company is empowered to raise for a business is its
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Question 42 Report
The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.
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Question 43 Report
A large rental organization with a number of sections selling different goods in the same building is called a ....
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Question 47 Report
Combination of methods used by a firm for marketing its product is known as .......
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Question 48 Report
When a business organization constructs schools and roads for the use of a community. such responsibility is
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Question 49 Report
The changing of the original form of an object to a form that can give satisfaction to a want is known as
Question 50 Report
Which of the following forms of business unit requires a certificate of trading before commencing business?
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