Which of the following services is not rendered by NIPOST
- A. Express delivery
- B. Recorded delivery
- C. Parcel post
- D. Telephone
- E. Cash delivery
The sum of money the assurer is prepared to pay the assured in total discharge of a contract before its maturity is
- A. dividend
- B. premium
- C. annuity
- D. surrender value
- E. interest
The sum of money the assurer is prepared to pay the assured in total discharge of a contract before its maturity is
- A. dividend
- B. premium
- C. annuity
- D. surrender value
- E. interest
Management is
- A. getting things done through other people
- B. the implementation of business decision
- C. the number of levels in an organisation
- D. made up the general manager and the employees
- E. making goods available in places where they are needed
Management is
- A. getting things done through other people
- B. the implementation of business decision
- C. the number of levels in an organisation
- D. made up the general manager and the employees
- E. making goods available in places where they are needed
A statement of account is a
- A. summary of goods sold to a customer for a particular item
- B. note to inform the customer of an addition to his business transaction
- C. standard letter sent to customers who have not settled their bills
- D. statement of acceptance of credit facilities to a customer
- E. summary of a customer's transactions over a given period
A statement of account is a
- A. summary of goods sold to a customer for a particular item
- B. note to inform the customer of an addition to his business transaction
- C. standard letter sent to customers who have not settled their bills
- D. statement of acceptance of credit facilities to a customer
- E. summary of a customer's transactions over a given period
For which of the following reasons would a seller not issue a credit note to a customer? If
- A. goods are undercharged
- B. goods are damaged
- C. bottles are returned
- D. goods are overcharged
- E. fewer goods are returned
A document signed by a customs officer of the exporting country to confirm the country of export of the goods is
- A. an export invoice
- B. a consular invoice
- C. a certificate of origin
- D. a letter of hypothecation
- E. a bill of laden
A document signed by a customs officer of the exporting country to confirm the country of export of the goods is
- A. an export invoice
- B. a consular invoice
- C. a certificate of origin
- D. a letter of hypothecation
- E. a bill of laden
An agreement that is enforceable in law is called?
- A. a contract
- B. an offer
- C. an acceptance
- D. a consideration
- E. an injuction
An agreement that is enforceable in law is called?
- A. a contract
- B. an offer
- C. an acceptance
- D. a consideration
- E. an injuction
Which of the following is a disadvantage of foreign trade?
- A. Encourages dumping
- B. Makes available the products that a country cannot produce
- C. Widens the world market
- D. Encourages specialization
- E. Makes possible the transfer of technology
Which of the following is a direct service?
- A. Banking
- B. Teaching
- C. Advertising
- D. Fishing
- E. Warehousing
Which of the following activities makes the consumer its focus in decision making?
- A. Selling concept
- B. Marketing concept
- C. Product concept
- D. Production concept
- E. Market research
Which of the following does not aim at protecting the customer?
- A. Sales of Goods Act
- B. Fair Trading Act
- C. Price Control Act
- D. Partnership Act
- E. Foods and Drugs Act
The contract between ship owners and hires whereby the hires take full control of the ship is called?
- A. time charter
- B. charter by demise
- C. shipping conference
- D. voyage charter
- E. charter party
The contract between ship owners and hires whereby the hires take full control of the ship is called?
- A. time charter
- B. charter by demise
- C. shipping conference
- D. voyage charter
- E. charter party
Which of the following is not a source of capital?
- A. Personal savings
- B. Credit transfer
- C. Bank Loan
- D. Credit purchase
- E. Debenture
Which of the following is not a source of capital?
- A. Personal savings
- B. Credit transfer
- C. Bank Loan
- D. Credit purchase
- E. Debenture
Which of the following is not included in the Memorandum of Association?
- A. Winding up procedure
- B. Objectives of the company
- C. Address of the registered office
- D. Amount of capital
- E. Conditions for amendment of the memorandum