The rights of the consumers does NOT include
- A. the right to be informed
- B. the right to choose
- C. the right to fix prices
- D. the right to a healthy environment
- E. the right to safety
The main objective of nationalization of industries is to
- A. bring an Industry under state ownership and control
- B. Make more profit for the government
- C. prevent all aliens from taking part in the business activities of a country
- D. prevent existing firms from liquidation
- E. provide sources for additional capital for government
The main objective of nationalization of industries is to
- A. bring an Industry under state ownership and control
- B. Make more profit for the government
- C. prevent all aliens from taking part in the business activities of a country
- D. prevent existing firms from liquidation
- E. provide sources for additional capital for government
The breaking down of work into different processes is known as
- A. division of labour
- B. exchange
- C. production
- D. specialization
- E. working party
The breaking down of work into different processes is known as
- A. division of labour
- B. exchange
- C. production
- D. specialization
- E. working party
A tax paid on goods manufactured and consumed in your country is called
- A. consumer tax
- B. custom duty
- C. excise duty
- D. goods tax
- E. income tax
A tax paid on goods manufactured and consumed in your country is called
- A. consumer tax
- B. custom duty
- C. excise duty
- D. goods tax
- E. income tax
Which of the following is NOT regarded as a welfare service in an organization?
- A. housing
- B. medical facilities
- C. recreational facilities
- D. training
- E. transportation
Which of the following is NOT regarded as a welfare service in an organization?
- A. housing
- B. medical facilities
- C. recreational facilities
- D. training
- E. transportation
Which of the following is NOT part of Pre-Sales Service/ice?
- A. assisting the prospective buyer to set up facilities for storage
- B. dispatching of quotation and price list
- C. granting of credit or hire purchase sales facilities
- D. providing detailed information about goods to be purchased
- E. provision of transportation and delivery services
Bankers settle their mutual indebtedness in a
- A. clearing and forwarding house
- B. clearing house
- C. development bank
- D. discount house
- E. stock exchange market
Bankers settle their mutual indebtedness in a
- A. clearing and forwarding house
- B. clearing house
- C. development bank
- D. discount house
- E. stock exchange market
A public limited liability company is owned by
- A. board of directors
- B. debenture holders
- C. general public
- D. government
- E. shareholders
A public limited liability company is owned by
- A. board of directors
- B. debenture holders
- C. general public
- D. government
- E. shareholders
A bill of exchange sold for less than its face value before maturity is said to be
- A. accepted
- B. cleared
- C. discounted
- D. dishonored
- E. protested
A bill of exchange sold for less than its face value before maturity is said to be
- A. accepted
- B. cleared
- C. discounted
- D. dishonored
- E. protested
The body charged with the responsibility monitoring the quality of goods supplied is the
- A. consumers’ association
- B. chamber of commerce
- C. manufacturers' association
- D. Ministry of Health
- E. Nigerian standards organization
The body charged with the responsibility monitoring the quality of goods supplied is the
- A. consumers’ association
- B. chamber of commerce
- C. manufacturers' association
- D. Ministry of Health
- E. Nigerian standards organization
A contract in which all parties to the contract have carried out their obligation is said to be terminated by
- A. breach of contract
- B. frustration
- C. operation of the law
- D. performance
- E. voluntary agreement
Shares are said to be sold at a discount when they are sold
- A. above par
- B. at par
- C. below par
- D. to the public
- E. to the shareholders
A multiple shop has many stores which sell
- A. graded goods
- B. locally produced goods
- C. manufactured goods
- D. persihable goods
- E. similar goods