Who takes the initial step to form a company prior to its incorporation?
- A. Company secretary
- B. Managing director
- C. Promoter
- D. Registrar of company
- E. shareholder
A document which can be used for both internal and external trade is
- A. bill of exchange
- B. GIRO
- C. I.O.U
- D. portal orders
- E. promising note.
A document which can be used for both internal and external trade is
- A. bill of exchange
- B. GIRO
- C. I.O.U
- D. portal orders
- E. promising note.
Which of the following does not relate to foreign trade?
- A. Certificate of origin
- B. Chartered party
- C. Dumping
- D. Export duties
- E. Export license
Which of the following does not relate to foreign trade?
- A. Certificate of origin
- B. Chartered party
- C. Dumping
- D. Export duties
- E. Export license
Commerce refers to
- A. buying and selling of goods at home
- B. buying and selling of goods and services at home
- C. importation and exportation of goods
- D. importation and exportation of goods and services
- E. trade and all of services which assist trade
The coming together of two or more companies to form one big viable company is known as
- A. association
- B. cartel
- C. joining
- D. merging
- E. trust
The coming together of two or more companies to form one big viable company is known as
- A. association
- B. cartel
- C. joining
- D. merging
- E. trust
Which of the following gives Nigerian’s the opportunity to take active part in industry and commerce?
- A. Commercialization
- B. Consumerism
- C. Indigenization
- D. Nationalization
- E. Privatization
Which of the following gives Nigerian’s the opportunity to take active part in industry and commerce?
- A. Commercialization
- B. Consumerism
- C. Indigenization
- D. Nationalization
- E. Privatization
Sea transport is unsuitable for the movement of
- A. antiquities
- B. coal
- C. fertilizer
- D. planks
- E. vegetables
Sea transport is unsuitable for the movement of
- A. antiquities
- B. coal
- C. fertilizer
- D. planks
- E. vegetables
Any member of the public who wants to buy shares in the stock market will first of all meet a/an
- A. agent
- B. broker
- C. jobber
- D. seller
- E. share holder
A discount that is given to middlemen in order to make good profit is called ………. discount.
- A. cash
- B. fixed
- C. quant
- D. seasonal
- E. trade
All the following are members of small-scale retailing EXCEPT
- A. chain stores
- B. itinerant trade
- C. kiosks
- D. mobile shops
- E. stall holders
The second tier security market is an example of
- A. capital market
- B. commodity market
- C. factor market
- D. labour market
- E. money market
Shareholder receive……
- A. interest
- B. dividends
- C. commission
- D. allowances
- E. none of the above
The 4C’s of credit are
- A. consumer, collateral, company and cost
- B. collateral, capital, company and cost
- C. collate capital, character and capacity
- D. character, cost, capital and capacity
- E. capital, capacity, consumer and character
The changing of the original form of an object to a form that can give satisfaction to a want is known as
- A. commerce
- B. construction
- C. consumption
- D. occupation
- E. production
The word “close-up” as used in toothpaste is a
- A. brand name
- B. Company’s name
- C. Company’s logo
- D. Patent right
- E. Symbol
The word “close-up” as used in toothpaste is a
- A. brand name
- B. Company’s name
- C. Company’s logo
- D. Patent right
- E. Symbol