Trade fairs in Nigeria are organised by
- A. the Federal Government
- B. Manufacturers'' Association of Nigeria
- C. Ministry of Commerce and Industry
- D. Chambers of Commerce
Trade fairs in Nigeria are organised by
- A. the Federal Government
- B. Manufacturers'' Association of Nigeria
- C. Ministry of Commerce and Industry
- D. Chambers of Commerce
In the Nigerian GSM industry,a parliament is organized by the Nigerian Communications Commission in order to
- A. increase profit of service providers
- B. protect the interest of government
- C. encourage more people into the business
- D. protect the interest of consumers
In the Nigerian GSM industry,a parliament is organized by the Nigerian Communications Commission in order to
- A. increase profit of service providers
- B. protect the interest of government
- C. encourage more people into the business
- D. protect the interest of consumers
A lawyer that defrauds his client may be derobed by the Nigerian Bar association in order to
- A. protect other lawyers
- B. protect the intergrity of the association
- C. compensate the affected client
- D. prevent the client from sueing the association
The rate of turnover of a firm in a given year is 5 times while the average stock is #12,500. what is the turnover of the firm?
- A. #24,000
- B. #46,500
- C. #62,500
- D. #65,000
The amount of authorized capital that shareholders have subscribed to is
- A. issued share capital
- B. authorized share capital
- C. owner's equity
- D. working capital
The amount of authorized capital that shareholders have subscribed to is
- A. issued share capital
- B. authorized share capital
- C. owner's equity
- D. working capital
Which of the following will not be stated in a Memorandum of Association
- A. Name clause
- B. rights of shareholders
- C. object clause
- D. registered office
Which of the following will not be stated in a Memorandum of Association
- A. Name clause
- B. rights of shareholders
- C. object clause
- D. registered office
A business partner who provides capital but abstains from participation in administration of a firm is a
- A. general partner
- B. nominal partner
- C. secret partner
- D. dormant partner
In order to increase the capital owned, a sole trader may
- A. seek for bank loan
- B. issue debentures
- C. acquire extra shop fittings on credit
- D. draw less of his profit for personal use
An importance of warehousing is in the
- A. production of goods
- B. transportation of goods
- C. importation of goods
- D. repackaging of goods
An importance of warehousing is in the
- A. production of goods
- B. transportation of goods
- C. importation of goods
- D. repackaging of goods
An undertaking given by a person to another assuring his integrity is
- A. proximate cause
- B. fidelity guarantee
- C. subrogation
- D. insurable interest
An undertaking given by a person to another assuring his integrity is
- A. proximate cause
- B. fidelity guarantee
- C. subrogation
- D. insurable interest
The most reliable and efficient means of conveying urgent documents is through
- A. postal order
- B. ordinary letters
- C. registered letters
- D. courier services
The most reliable and efficient means of conveying urgent documents is through
- A. postal order
- B. ordinary letters
- C. registered letters
- D. courier services
The two main forms of communication are
- A. oral and written
- B. verbal and non-verbal
- C. e-mail and fax
- D. traditional and modern media
Which of the following advertising medium appeals to only the literate in the society
- A. radio advertising
- B. print media advertising
- C. television advertising
- D. cinema advertising
A country’s terms of trade are said to improve when the ratio of her export
- A. decreases
- B. remains constant
- C. increases
- D. equals import