A multiple shop has many stores which sell
- A. graded goods
- B. locally produced goods
- C. manufactured goods
- D. persihable goods
- E. similar goods
The first Nigerian enterprises promotion decree was promulgated in
- A. 1972
- B. 1973
- C. 1974
- D. 1977
- E. 1980
The first Nigerian enterprises promotion decree was promulgated in
- A. 1972
- B. 1973
- C. 1974
- D. 1977
- E. 1980
A person who runs a business on his own account is called a
- A. creditor
- B. customer
- C. director
- D. partner
- E. sole trader
All the following are principles of insurance EXCEPT
- A. indemnity
- B. insurable interest
- C. particular average
- D. subrogation
- E. utmost good faith
The deliberate throwing of some goods into the sea to prevent the ship from sinking is an example of
- A. an actual total loss
- B. a constructive total loss
- C. a general average loss,
- D. a partial loss
- E. a total loss
The deliberate throwing of some goods into the sea to prevent the ship from sinking is an example of
- A. an actual total loss
- B. a constructive total loss
- C. a general average loss,
- D. a partial loss
- E. a total loss
Obi received a cheque for N1000 from Mr. Ade and this cheque was stolen. He must
- A. inform his bank to stop payment
- B. inform Mr. Ade to tell his bank to stop payment
- C. simply ask Mr. Ade for another cheque
- D. tell his bank to add the amount to his bank balance
- E. wait until the cheque is found
Obi received a cheque for N1000 from Mr. Ade and this cheque was stolen. He must
- A. inform his bank to stop payment
- B. inform Mr. Ade to tell his bank to stop payment
- C. simply ask Mr. Ade for another cheque
- D. tell his bank to add the amount to his bank balance
- E. wait until the cheque is found
Fishing is an example of
- A. construction industry
- B. direct services
- C. extractive industry
- D. manufacturing industry
- E. tertiary industry
Fishing is an example of
- A. construction industry
- B. direct services
- C. extractive industry
- D. manufacturing industry
- E. tertiary industry
The service rendered by NIPOST in which letters are addressed to any post office to await collection by the addressee is known as
- A. business reply service
- B. cash on delivery service
- C. express mail service
- D. free post service
- E. posted restate service
The service rendered by NIPOST in which letters are addressed to any post office to await collection by the addressee is known as
- A. business reply service
- B. cash on delivery service
- C. express mail service
- D. free post service
- E. posted restate service
When the price quoted includes all the cost to the actual destination, that is, from the seller’s warehouse to the buyer’s warehouse. it is called
- A. carriage
- B. carriage paid
- C. cash on delivery
- D. franco
- E. loco price
The relationship between a country’s visible imports and exports in a trading year is known as
- A. balance of payment
- B. balance of trade
- C. counter trade
- D. international trade
- E. terms of trade
The relationship between a country’s visible imports and exports in a trading year is known as
- A. balance of payment
- B. balance of trade
- C. counter trade
- D. international trade
- E. terms of trade
The relationship between a country’s visible imports and exports in a trading year is known as
- A. balance of payment
- B. balance of trade
- C. counter trade
- D. international trade
- E. terms of trade
The relationship between a country’s visible imports and exports in a trading year is known as
- A. balance of payment
- B. balance of trade
- C. counter trade
- D. international trade
- E. terms of trade
Prospectus in relation to a public limited inability company means
- A. a document for allocation of shares to the public
- B. a document stating the types or shares
- C. a document where the names of shareholders are written
- D. an invitation to the public to buy shares
- E. an invitation to the public to collect dividends
Prospectus in relation to a public limited inability company means
- A. a document for allocation of shares to the public
- B. a document stating the types or shares
- C. a document where the names of shareholders are written
- D. an invitation to the public to buy shares
- E. an invitation to the public to collect dividends
The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as
- A. brokerage
- B. commission
- C. contango
- D. interest
- E. jobbers turn