The process of eliminating a virus from computer is the
- A. programming
- B. formatting
- C. looping
- D. debugging
Ships used for international transport are
- A. oceanliners
- B. yachts
- C. launchers
- D. trawlers
Given:
I. shoe maker
II. policemen
III. fishermen
IV. Gardener
V. Broker.
The persons engaged in primary Occupation are
- A. I, II and V
- B. I, III and IV
- C. III and V
- D. III and IV
The scope of economic activities can be enlarged by
- A. transportation and trading
- B. trading and aids to trade
- C. business and its promotion
- D. insurance and banking
One of the functions of the Nigeria Ports Authority is the provision of
- A. carrier services to ensure speedy delivery
- B. facilities to enhance the speedy loading and offloading of cargoes
- C. facilities to ensure that goods get to the destinations
- D. shelter for operators of cargoes
Use the diagram above to answer this question
In the communication process. Y represents
- A. the encoder
- B. the initiator
- C. noise
- D. the medium
Use the diagram above to answer this question
X represents
- A. action
- B. receiver
- C. transmission
- D. ideation
One of the disadvantages of sole proprietorship is
- A. limited liability
- B. pride of ownership
- C. unlimited liability
- D. secrecy of annual reports
The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples. personal selling involves
- A. face-to-face communication with customers
- B. distributing instructional posters
- C. premium programming for Customers
- D. publishing promotional hooklets
Charges for loans paid by commercial banks to the Central Bank of Nigeria are called
- A. credit charges
- B. interest rates
- C. bank charges
- D. bank rates
The management function that makes the difference in intensity of behavior is
- A. controlling
- B. motivation
- C. coordinating
- D. planning
An author’s exclusive right to his published and unpublished works is known as
- A. constitutional right
- B. author's right
- C. copyright
- D. patent right
One major characteristic of credit unions and thrift societies is that
- A. the contribution of every member depends on the member's ability
- B. the legal processes involved in their formation are rigid
- C. membership is compulsory to people in the same line of business
- D. a minimum of ten people in the same line of business can form the union
Mr. Olatunde took up a fire insurance on a property valued at ₦1000 and the amount insured is ₦80. Thee ₦400. If the property caught fire causing a loss of insurance was taken with the clause with average what is the amount to be paid bý the insurance company?
- A. ₦420
- B. ₦320
- C. ₦460
- D. ₦560
A common requirement for public and private limited companies in Nigeria is that
- A. a shareholder cannot transfer his shares to someone else without permission from other shareholders
- B. shares cannot be offered or sale on the stock exchange
- C. their annual accounts are made available to the corporate affairs commission
- D. shares can be offered for sale through an issuing house
Extractive industries may also be denominated as
- A. direct industries
- B. servicing industries
- C. indirect industries
- D. primary industries
Which of the following are the components of commerce?
I. trading and advertising
II. warehousing and transportation
III. packing and branding
IV. Insurance and banking
- A. I and II
- B. I,II and IV
- C. II, III and IV
- D. I and III
Freight note is a document
- A. issued by a shipping company giving details of changes
- B. used by government to transport goods from one country to another
- C. used for payment for imported goods
- D. given by an importer to pay for goods at a future period
A distinguishing characteristic of a limited liability company is that
- A. is a collection of many sole proprietors
- B. is a multiple partnership
- C. has limited resources
- D. can sue and be sued