85

Trade fairs in Nigeria are organized by

  • A. Ministry of commerce and industry
  • B. Chambers of commerce
  • C. The federal Government
  • D. Manufacturer’s Association of Nigeria
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86

Which of the following is a verbal means of communication

  • A. Telephone
  • B. Express mail
  • C. Business reply services
  • D. telex
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87

One of the major problems of a sole proprietor is sourcing for

  • A. Funds
  • B. Labour
  • C. Raw materials
  • D. Machineries
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88

Current account holders withdraw money through

  • A. Credit card
  • B. Cheque
  • C. Transfer
  • D. Withdrawal form
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89

The act of selling in a foreign market at a price lower than the cost price is called

  • A. Dumping
  • B. hedging
  • C. fair trading
  • D. under sale
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