Which of the following pieces of information would be found in a typical debit note
- A. Customer code
- B. Date of invoice
- C. Brief reason for the debit
- D. E & O.E
Rights issue is the
- A. individual's right to be issued shares n subscription
- B. right of shareholders to voteon issues
- C. preferntial right to returns on shares
- D. shares offered to existing shareholders at a cheaper price
Rights issue is the
- A. individual's right to be issued shares n subscription
- B. right of shareholders to voteon issues
- C. preferntial right to returns on shares
- D. shares offered to existing shareholders at a cheaper price
The relationship which subsists between between two or more persons carrying on a business with a view to profit” is
- A. cooperative society
- B. partnership
- C. public limited company
- D. credit union
Liquid capital in a business means the
- A. movable assets of the business
- B. authorised capital
- C. issued capital
- D. assets easily convertible to cash
Liquid capital in a business means the
- A. movable assets of the business
- B. authorised capital
- C. issued capital
- D. assets easily convertible to cash
Trade as a division of commerce is usually classified into
- A. retail and whole sale
- B. import and export
- C. home and foreign
- D. visible and invisible
Trade as a division of commerce is usually classified into
- A. retail and whole sale
- B. import and export
- C. home and foreign
- D. visible and invisible
Using symbols, letters, name or combination of these by a company to distinguish its products is
- A. product cycle
- B. marketing mix
- C. trade mark
- D. market segmentation
Using symbols, letters, name or combination of these by a company to distinguish its products is
- A. product cycle
- B. marketing mix
- C. trade mark
- D. market segmentation
Which of the following is not a function of Ports Authority?
- A. Providing facilities for loading and off-loading of vessels
- B. Collection of dock dues
- C. Providing enough ships for the country
- D. Dredging of harbours
A voluntary association of business executives within a locality is known as
- A. Trade Union
- B. Consumers' Association
- C. Chamber of Commerce
- D. Trade Association
Encouraging a high quality of members’ products through the circulation of research information is a function of
- A. Manufacturers Association
- B. Trade Union
- C. Employers Association
- D. Consumers Association
Encouraging a high quality of members’ products through the circulation of research information is a function of
- A. Manufacturers Association
- B. Trade Union
- C. Employers Association
- D. Consumers Association
When C.I.F is quoted on an invoice, it means that the price includes the
- A. cost of goods only
- B. cost of insurance only
- C. cost of carriage only
- D. cost, insurance and carriage
When C.I.F is quoted on an invoice, it means that the price includes the
- A. cost of goods only
- B. cost of insurance only
- C. cost of carriage only
- D. cost, insurance and carriage
Before the advent of legal tender and credit instrument, which of the following was used as a medium of exchanged?
- A. Currency notes
- B. Cowries
- C. Cheques
- D. Bankdrafts
Before the advent of legal tender and credit instrument, which of the following was used as a medium of exchanged?
- A. Currency notes
- B. Cowries
- C. Cheques
- D. Bankdrafts
Which of the following distinguishes home trade from foreign trade?
- A. Payments are easily arranged
- B. Taxies are levied
- C. Goods have to be warehoused
- D. Middlemen are not required
Banks settle their indebtedness in the
- A. discount house
- B. stock exchange market
- C. commercial bank
- D. clearing house
A cheque dated 15th March 2012, will become stale on
- A. 16th June 2012
- B. 16th July 2012
- C. 16th August 2012
- D. 16th September 2012