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Question 1 Report
Which of the following warehouse is generally found near a port?
Question 3 Report
The service rendered by NIPOST in which letters are addressed to any post office to await collection by the addressee is known as
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Question 5 Report
The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as
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Question 6 Report
The advertising medium which uses electric current in bulbs is referred to as
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Question 7 Report
The policy designed to accelerate the greater participation of Nigerians in the ownership and management of business enterprises in Nigeria is called
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Question 9 Report
When the price quoted includes all the cost to the actual destination, that is, from the seller’s warehouse to the buyer’s warehouse. it is called
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Question 10 Report
A voluntary association of business executives, trader men, entrepreneurs and others in a city, town or country is called a
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Question 12 Report
A tax paid on goods manufactured and consumed in your country is called
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Question 14 Report
A bill of exchange sold for less than its face value before maturity is said to be
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Question 18 Report
The breaking down of work into different processes is known as
Question 20 Report
Obi received a cheque for N1000 from Mr. Ade and this cheque was stolen. He must
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Question 21 Report
The body charged with the responsibility monitoring the quality of goods supplied is the
Question 24 Report
A person who runs a business on his own account is called a
Question 25 Report
A holding company is one which holds shares in another company up to
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Question 27 Report
Bankers settle their mutual indebtedness in a
Question 28 Report
Which of the following can be used to establish an importer's title to goods?
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Question 29 Report
The deliberate throwing of some goods into the sea to prevent the ship from sinking is an example of
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Question 31 Report
Ships that pick up cargo from any port and travels anytime are called
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Question 33 Report
Which of the following does a seller send in reply to a letter of inquiry?
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Question 34 Report
The first Nigerian enterprises promotion decree was promulgated in
Question 35 Report
The relationship between a country’s visible imports and exports in a trading year is known as
Question 37 Report
An instruction to an agent abroad restricting him to buy from a named manufacturer is known as
Question 39 Report
Which of the following is NOT regarded as a welfare service in an organization?
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Question 41 Report
The relationship between a country’s visible imports and exports in a trading year is known as
Question 44 Report
A contract in which all parties to the contract have carried out their obligation is said to be terminated by
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Question 47 Report
The sum which the insured pays periodically to his insurance company is called
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