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22

Shareholder receive……

  • A. interest
  • B. dividends
  • C. commission
  • D. allowances
  • E. none of the above
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23

The 4C’s of credit are

  • A. consumer, collateral, company and cost
  • B. collateral, capital, company and cost
  • C. collate capital, character and capacity
  • D. character, cost, capital and capacity
  • E. capital, capacity, consumer and character
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24

The changing of the original form of an object to a form that can give satisfaction to a want is known as

  • A. commerce
  • B. construction
  • C. consumption
  • D. occupation
  • E. production
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25

The word “close-up” as used in toothpaste is a

  • A. brand name
  • B. Company’s name
  • C. Company’s logo
  • D. Patent right
  • E. Symbol
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26

The word “close-up” as used in toothpaste is a

  • A. brand name
  • B. Company’s name
  • C. Company’s logo
  • D. Patent right
  • E. Symbol
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27

The branches of Commerce include all the following EXCEPT

  • A. advertising
  • B. barbing
  • C. trade
  • D. transport
  • E. warehousing
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28

The branches of Commerce include all the following EXCEPT

  • A. advertising
  • B. barbing
  • C. trade
  • D. transport
  • E. warehousing
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29

The government regulates business activities through the following measures EXCEPT

  • A. copy right
  • B. patents
  • C. registration
  • D. trade marks
  • E. inspection
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30

Shares issued to existing shareholders, without paying for them are referred to as ……. issue.

  • A. allowance
  • B. bonus
  • C. extra
  • D. right
  • E. special
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31

Which of the following forms of business unit requires a certificate of trading before commencing business?

  • A. Partnership
  • B. Public liability company
  • C. Private liability company
  • D. Public corporation
  • E. Sole proprietorship
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32

Advertising could be used to achieve all the following EXCEPT

  • A. building primary demand
  • B. creating brand loyalty
  • C. creating employee loyalty
  • D. enhancing turn-over
  • E. increasing market share
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33

Advertising could be used to achieve all the following EXCEPT

  • A. building primary demand
  • B. creating brand loyalty
  • C. creating employee loyalty
  • D. enhancing turn-over
  • E. increasing market share
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34

The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.

  • A. copyright
  • B. fundamental right
  • C. patent
  • D. right to machine
  • E. trade mark
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35

The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.

  • A. copyright
  • B. fundamental right
  • C. patent
  • D. right to machine
  • E. trade mark
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36

A large rental organization with a number of sections selling different goods in the same building is called a ….

  • A. chain store
  • B. departmental store
  • C. multiple shop
  • D. self service shop
  • E. Supermarket
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37

A large rental organization with a number of sections selling different goods in the same building is called a ….

  • A. chain store
  • B. departmental store
  • C. multiple shop
  • D. self service shop
  • E. Supermarket
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38

When a business organization constructs schools and roads for the use of a community. such responsibility is

  • A. commercial
  • B. economical
  • C. industrial
  • D. political
  • E. social
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39

One of the barriers to foreign trade is the presence of

  • A. difference in goods and services
  • B. different means of transportation
  • C. many society personnel
  • D. tariffs on goods and services
  • E. various means of production
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40

Which of the following invites the general public to subscribe for its shares?

  • A. Co-operative
  • B. Private liability company
  • C. Public corporation
  • D. Public liability company
  • E. Sole proprietorship
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41

Which of the following invites the general public to subscribe for its shares?

  • A. Co-operative
  • B. Private liability company
  • C. Public corporation
  • D. Public liability company
  • E. Sole proprietorship
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42

Which of the following does NOT relate to marine insurance?… policy

  • A. Endowment
  • B. Floating
  • C. Time
  • D. Valued
  • E. Voyage
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