The document which gives complete information about the goods sold is the
- A. bill of exchange
- B. delivery note
- C. invoice
- D. order form
- E. quotation
The document which gives complete information about the goods sold is the
- A. bill of exchange
- B. delivery note
- C. invoice
- D. order form
- E. quotation
Which type of advertisement induces consumer to purchase the goods he does not need?
- A. Competitive
- B. Descriptive
- C. Informative
- D. Persuasive
- E. Specific
Which type of advertisement induces consumer to purchase the goods he does not need?
- A. Competitive
- B. Descriptive
- C. Informative
- D. Persuasive
- E. Specific
Which of the following groupings is a means of payments through the post office
- A. Bank draft, Certified cheque, Money order and Stamps
- B. Cheque, Postal order, Money order and Bank draft
- C. Money order, Certified cheques, Telegraphic Money order and Stamps
- D. Postal order, Money order, Telegraphic Money order and Stamps
- E. Telegraphic Money order, Cheques, Bank draft and Certified cheques
Which of the following groupings is a means of payments through the post office
- A. Bank draft, Certified cheque, Money order and Stamps
- B. Cheque, Postal order, Money order and Bank draft
- C. Money order, Certified cheques, Telegraphic Money order and Stamps
- D. Postal order, Money order, Telegraphic Money order and Stamps
- E. Telegraphic Money order, Cheques, Bank draft and Certified cheques
A type of partnership in which all partners have unlimited liability and jointly manage the business is known as ……. partnership.
- A. Limited
- B. nominal
- C. ordinary
- D. special
- E. unlimited
A type of partnership in which all partners have unlimited liability and jointly manage the business is known as ……. partnership.
- A. Limited
- B. nominal
- C. ordinary
- D. special
- E. unlimited
The term “caveat emptor” implies that
- A. credit is not allowed
- B. goods are still with the seller
- C. goods have been transferred to the buyer
- D. let the buyer beware
- E. let the seller beware
The term “caveat emptor” implies that
- A. credit is not allowed
- B. goods are still with the seller
- C. goods have been transferred to the buyer
- D. let the buyer beware
- E. let the seller beware
The rules and regulations guiding the conduct of business transactions are known as ……. law
- A. civil
- B. commercial
- C. common
- D. contract
- E. criminal
The rules and regulations guiding the conduct of business transactions are known as ……. law
- A. civil
- B. commercial
- C. common
- D. contract
- E. criminal
An agent held responsible for non-payment of goods bought by the customer he introduced to his principal is called …… agent
- A. del-credere
- B. general
- C. sales
- D. special
- E. universal
An agent held responsible for non-payment of goods bought by the customer he introduced to his principal is called …… agent
- A. del-credere
- B. general
- C. sales
- D. special
- E. universal
The act of being on one job for expertise is called
- A. division of labour
- B. immobility
- C. independence
- D. separation of power
- E. specialization
The act of being on one job for expertise is called
- A. division of labour
- B. immobility
- C. independence
- D. separation of power
- E. specialization
The functions of public corporations include the following EXCEPT
- A. maximizing profits for the board members
- B. providing employment opportunities
- C. providing essential services to the public
- D. providing even development
- E. providing the public with social amenities at reduced cost.
The term “consumer sovereignty” means that the consumer is a
- A. director
- B. king
- C. manager
- D. promoter
- E. target
Which of the following services is NOT rendered by NITEL?
- A. Data Transmission
- B. Recorded Delivery
- C. Satellite
- D. Telex
- E. Telephone
Which of the following services is NOT rendered by NITEL?
- A. Data Transmission
- B. Recorded Delivery
- C. Satellite
- D. Telex
- E. Telephone
A typical example of an event covered by an Assurance Policy is
- A. accident
- B. burglary
- C. death
- D. fire
- E. theft