Who among the following engages in extractive activities?
- A. Flour miller
- B. Fisherman
- C. Porter
- D. Singer
- E. Surgeon
Who among the following engages in extractive activities?
- A. Flour miller
- B. Fisherman
- C. Porter
- D. Singer
- E. Surgeon
A public limited company is regarded as a legal entity because
- A. it can sue and be sued
- B. it cannot be liquidated
- C. it has a memorandum of association
- D. the death of the largest shareholder cannot bring it to an end
- E. the government grants it licence
A ship which has no fixed schedule and travels wherever it can find cargoes to carry is a
- A. boat
- B. ferry
- C. liner
- D. tanker
- E. tramp
Which of the following does NOT belong to the group?
- A. Banking
- B. insurance
- C. retailing
- D. transport
- E. warehousing
Which of the following is NOT a component of trade?
- A. Auction
- B. Bilateral
- C. Multi-lateral
- D. Retail
- E. Wholesale
Which of the following is NOT a component of trade?
- A. Auction
- B. Bilateral
- C. Multi-lateral
- D. Retail
- E. Wholesale
The most common form of business unit in West Africa is
- A. co-operative society
- B. joint stock company
- C. partnership
- D. public corporation
- E. sole proprietor-ship
The most common form of business unit in West Africa is
- A. co-operative society
- B. joint stock company
- C. partnership
- D. public corporation
- E. sole proprietor-ship
Transfer of ownership of goods sold under Hire Purchase System takes place when _____ paid.
- A. a deposit is
- B. a quarter of the total price is
- C. half of the total price is
- D. the final instalment is
- E. two instalment have been
One of the easiest means of transporting petroleum product is by
- A. air
- B. pipeline
- C. rail
- D. road
- E. sea
One of the easiest means of transporting petroleum product is by
- A. air
- B. pipeline
- C. rail
- D. road
- E. sea
Which of these means of payment originates from a creditor?
- A. Bill of exchange
- B. Cheque
- C. Coins and currencies
- D. Promissory note
- E. Standing order
Commerce is often referred to as the life blood of every nation because it
- A. commits financial resources to the nation
- B. contributes to economic development to the nation
- C. creates utilities for human satisfaction
- D. provides auxiliary services to trade
- E. provides all the resources use for production
Commerce is often referred to as the life blood of every nation because it
- A. commits financial resources to the nation
- B. contributes to economic development to the nation
- C. creates utilities for human satisfaction
- D. provides auxiliary services to trade
- E. provides all the resources use for production
A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
- A. bear
- B. broker
- C. bull
- D. jobber
- E. speculator
A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
- A. bear
- B. broker
- C. bull
- D. jobber
- E. speculator
The following are functions of marketing EXCEPT
- A. advertising
- B. distribution
- C. insurance
- D. packaging
- E. transportation
The following are functions of marketing EXCEPT
- A. advertising
- B. distribution
- C. insurance
- D. packaging
- E. transportation
Which of these is NOT a governments legislation to protect thee consumer?
- A. Fair trading
- B. Foods and drugs
- C. Privatization and commercialization
- D. Weight and measure
- E. Trade description
The activities concerned with changing of raw materials into finished products belong to ______ occupation
- A. commercial
- B. constructive
- C. extractive
- D. manufacturing
- E. service