State two advantages of using each of the following media of advertising:
(a)Newspaper
(b) Radio
(c) Television
(d )Posters
(e) Direct mail.
(a) Give five reasons why consumers need protection.
(b) Explain five means by which consumers can be protected
(a)Distinguish between Authorized Capital and Called-up Capital
(b) Use the following information to answer the questions that follow: XYZ Limited is a trading company. The following transactions took place in the month of February:
Purchase of goods –
32 suitcases at N3,500 each
42 shirts at N800 each.
Additional information:
(i) The cost of transporting goods to the firm’s premises was #2,500
(ii) Two workers of the firm were paid wages and salaries of 4,500 each.
(iii) Total sales revenue was N180,000. You are required to calculate the: (a) gross profit (b) net profit.
(a) Adama and Awa have teamed up to form a partnership business. Explain five benefits they are likely to derive
(b) State five provisions in the Partnership Deed.
(a) What is the difference between Privatization and Nationalization?
(b) Explain four reasons why a country may choose to privatize state-owned enterprises.
State five effects of hire purchase on each of the following
(a) buyer; (b) seller
Explain the following
(a) Prospectus
(b) Share certificate
(c) Underwriting of shares
(d) Ordinary shares
(e)Dividend warrants.
(a) What is a Capital Market?
(b) State eight reasons why a bank may dishonour a cheque.
The West African Clearing House(WACH)was established to
- A. dredge the rivers in West Africa for easy navigation
- B. expand the volume of traffic within member countries
- C. cordinate the efforts to member states to tap their natural resources
- D. promote the use of currencies of all members for inter regional trade
The West African Clearing House(WACH)was established to
- A. dredge the rivers in West Africa for easy navigation
- B. expand the volume of traffic within member countries
- C. cordinate the efforts to member states to tap their natural resources
- D. promote the use of currencies of all members for inter regional trade
Which of the following interest holders are settled first in case of a company’s liquidation
- A. board of directors
- B. debenture holders
- C. ordinary shareholders
- D. preference shareholders
Which of the following interest holders are settled first in case of a company’s liquidation
- A. board of directors
- B. debenture holders
- C. ordinary shareholders
- D. preference shareholders
Which of the following sources of capital to a business requires mortgaging specific asset
- A. overdraft
- B. ordinary shares
- C. fixed debenture
- D. trade credit
If a country wishes to discourage imports, it
- A. removes quotas
- B. encourages free trade
- C. imposes tariffs
- D. subsidizes exports
The choice of medium used in advertising is not determined by the
- A. cost of using a particular medium
- B. age group to which the medium appeals
- C. nationality of people using the medium
- D. number of people reached by the medium
The choice of medium used in advertising is not determined by the
- A. cost of using a particular medium
- B. age group to which the medium appeals
- C. nationality of people using the medium
- D. number of people reached by the medium
The Money Market is the
- A. market for long term loans
- B. market for short-term loans
- C. market for government securities
- D. banking hall of commercial banks
The Money Market is the
- A. market for long term loans
- B. market for short-term loans
- C. market for government securities
- D. banking hall of commercial banks
Which of the following is the main task of the Marketing Manager whose company has adopted the marketing concept? To
- A. identify and satisfy customer's needs
- B. maintain the company's share of the market
- C. recruit more salesmen
- D. make maximum profit