A document which entitles its holder to the gods named on it, which is stored in a specific warehouse is called________
- A. Debit note
- B. Credit note
- C. Warrant
- D. Shipping note
The headquarters of Niger Basin Commission is located at________
- A. Abuja
- B. Niamey
- C. Lome
- D. Nojamena
Tourism involving residents of the given country travelling only within this country is called__________
- A. Domestic Tourism
- B. Inbound Tourism
- C. Outbound Tourism
- D. Traveller's Tourism
The following development of money have therefore been the use of, except______
- A. Coins
- B. Inconvertible paper money
- C. Commodities
- D. Abacus
A responsibility to control environmental pollution is the responsibility of____
- A. The business
- B. The government
- C. The consumer
- D. The employee
The factors to be considered in setting up retail trade include all except_____
- A. Capital
- B. Experience
- C. Location
- D. Age
Advantages of pipeline transport include all except_______
- A. Low maintenance cost
- B. It is safe
- C. Continuous Flow of goods
- D. Prone to leakages
All but one is not a demerit of advertising?
- A. It leads to monopoly
- B. Buyers can buy unnecessarily
- C. Increase in profit
- D. High cost
The scope of commerce is limited to________
- A. home and foreign trade
- B. wholesaler and retail trade
- C. trade and aids to trade
- D. wholesale and entreport trade
A two-way process which involves sending and receiving of messages is referred to as__________
- A. Advertisement
- B. Communication
- C. Marketing
- D. Transportation
A cheque that is payable to whoever presents it is known as______
- A. order cheque
- B. open cheque
- C. crossed cheque
- D. bearer cheque
A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____
- A. Prompt cash
- B. Cash on delivery
- C. Spot cash
- D. Cash with order
A commission charged on postal order is__________
- A. postal zero
- B. postal orders
- C. poundage
- D. brokage
One of these is not a factor affecting prices of securities?
- A. The Forces of demand and supply
- B. Activities of speculators
- C. Political situation of a country
- D. Financial statements of the company
A market is said to be bullish if_________
- A. There is a fail in prices of Securities
- B. There is a rise in prices of Securities
- C. There is a rise above the offer prices
- D. The speculator fails to deliver stock to the buyer
A fall in the value of a country’s currency vis-a-vis other currencies is known as__________
- A. Depreciation
- B. Reduction
- C. Devaluation
- D. Exchange rate
The theory of International trade is based on_________
- A. Principles of management
- B. Principles of comparative cost
- C. Principle of double entry
- D. Theory of migration
A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______
- A. Subsidiary
- B. Syndicate
- C. Holding Company
- D. Parent company
An example of vertical integration is___________
- A. Trust
- B. Cartel
- C. Merger
- D. Price Ring
A business environment that take into consideration the beliefs, attitudes, needs, values and attitudes of the people is_________
- A. Economic environment
- B. Technological environment
- C. Political environment
- D. Cultural environment
The most important resources of business is_______
- A. Human resources
- B. Money resources
- C. Material resources
- D. Opportunities