(a) What is a public limited liability company
(b) state and explain any five features distinguishing a public limited company from a partnership
(a) Differentiate between Indigenisation and Nationalisation.
(b) Give five advantages and three disadvantages of Indigenisation.
(a) Describe five reasons why a manufacturer may brand his products.
(b) Outline five services rendered by the wholesaler to the manufacturer.
(a) Explain five services which NIPOST renders to the public.
(b) Give five advantages of courier services.
(a) Explain five roles of advertising.
(b) Give three advantages and two disadvantages of television as a medium of advertising.
(a) List five documents used in foreign trade.
(b) Explain five conditions under which an agency may be terminated.
(a) Describe five factors that determine the choice of means of transportation for goods
(b) Explain five factors that have contributed to the growth of Commerce.
(a) Mention and explain the four business resources.
(b) Explain four ways by which government regulates business.
(a) State any five channels of distribution for consumer goods.
(b) Explain five factors to be considered before choosing a particular channel.
Opening the stock plug plus purchase of less closing the stock gives?
- A. the rate of turnover
- B. cost of goods sold
- C. working capital
- D. net profit
- E. gross profit
Opening the stock plug plus purchase of less closing the stock gives?
- A. the rate of turnover
- B. cost of goods sold
- C. working capital
- D. net profit
- E. gross profit
The nominal value of share of a public limited limited company is 50k and the market value is 65k. The company’s share is selling?
- A. above par value
- B. at par value
- C. below par value
- D. ex dividend
- E. cum dividend
When an insurance policy is cleared void because of a false declaration the principle involved is?
- A. indemnity
- B. insurable interest
- C. proximate cause
- D. utmost good and favour ''?
Mr Ojo borrowed N54,000 from a Commercial bank and deposited his life assurance certificate with the bank. The certificate deposited serves as?
- A. a loan repayment
- B. a current asset
- C. an interest charged
- D. a collateral society
- E. a part of payment
Which of the following is formed primarily to promote savings and loans among members?
- A. Consumers co-operative society
- B. producer co-operative society
- C. Co-operative wholesale soceity
- D. Retail Co-operative society
- E. Co-operative thrift and credit society
Which of the following is formed primarily to promote savings and loans among members?
- A. Consumers co-operative society
- B. producer co-operative society
- C. Co-operative wholesale soceity
- D. Retail Co-operative society
- E. Co-operative thrift and credit society
A cheque drawn by a bank on itself is a?
- A. credit transfer
- B. direct debt
- C. certified cheque
- D. bankdraft
A cheque drawn by a bank on itself is a?
- A. credit transfer
- B. direct debt
- C. certified cheque
- D. bankdraft
Which of the following regulates and controls the activities of the Nigerian Stock Exchange?
- A. Central Bank
- B. Association of Commercial Banks
- C. Securities and Exchange Commission (SEC)
- D. Nigerian Association of Chambers of Commerce
- E. Brokers and Jobbers
Which of the following regulates and controls the activities of the Nigerian Stock Exchange?
- A. Central Bank
- B. Association of Commercial Banks
- C. Securities and Exchange Commission (SEC)
- D. Nigerian Association of Chambers of Commerce
- E. Brokers and Jobbers