which of the following countries is a member of the lake chad basin commission
- A. The Gambia
- B. Cameroon
- C. Ghana
- D. Guinea
the law that protects a musician’s work from piracy is?
- A. usury law
- B. copyright law
- C. trademark
- D. hire purchase
under the principle of subrogation, the insurer has the right to?
- A. abrogate the contract
- B. re-insure the property
- C. take over any legal rights of the insured
- D. take over all the liabilities of the insured
The organisation of local and international trade fairs is the responsibilty of
- A. trade aasociations
- B. labour unions
- C. chamber of commerce
- D. custom and excise authorities
which of the following is not a tool for sale
- A. publicity
- B. exhibition
- C. competition
- D. free samples
The term which enjoins a buyer to examine goods thoroughly before making payment is?
- A. uberimae fidei
- B. caveat venditor
- C. consumer sovereignty
- D. caveat emptor
The coming together of people who engage in trade and industry in a particular area is?
- A. an employers association
- B. a trade association
- C. a chamber of commerce
- D. a trade union
The right of an unpaid seller doesnt include?
- A. declaring the buyer bankrupt
- B. retaining the possession of the goods
- C. stopping the goods while in transit
- D. reselling the goods
The process of placing the right people in the right position in an organisation is?
- A. planning
- B. motivating
- C. staffing
- D. directing
ocean liners are vessels that?
- A. sail at schedule time on fixed routes
- B. sail anytime to anyplace where there is cargo
- C. carry only cargo
- D. carry only liquid
an example of a computer output device is a?
- A. keyboard
- B. mouse
- C. monitor
- D. scanner
the marketing mix element which ensures that goods are available where and when needed is?
- A. place
- B. price
- C. product
- D. promotion
An agreement between two people which can be enforced is?
- A. a warranty
- B. a contract
- C. an offer
- D. a consideration
a machine supplied by a post office to an organisation to imprints stamps on their letters is?
- A. vending machin
- B. shredding machine
- C. automated teller machine
- D. franking machine
which of the following activities is aimed at closing sales.
- A. insurance
- B. banking
- C. warehousing
- D. advertising
A speculator in the stock exchange market who sells securities in anticipation of a fall in their prices
- A. broker
- B. bull
- C. bear
- D. stag
the advertising medium that makes only audio impression is
- A. cinema
- B. radio
- C. television
- D. hoardings
A disadvantage of rail transport is that?
- A. it carries bulky goods only
- B. the cost of carriage is high
- C. it is not flexible
- D. it travels on schedule
the expert reponsible for the calculation of prabability of risk in insurance is?
- A. an actuary
- B. an underwriter
- C. a broker
- D. a solicitor
the central bank carries out its monetary policy through?
- A. discounting bills
- B. credit ceilling
- C. replacement of worn out notes
- D. bank rates
which of the following documents is used in home trade only
- A. bill of lading
- B. airway bill
- C. certificate of origin
- D. proforma invoice