The business organization established mainly for the purpose of carrying out specific assignment for a specific duration is a
- A. Partnership
- B. Company
- C. Joint venture
- D. Co-operative society
A direct service is rendered by
- A. State counsels
- B. Civil servants
- C. Police
- D. Family doctor
Which of the following best describes an invoice?
- A. Contractual agreement for the sale of goods
- B. Document specifying quantity, description, prices and total value of purchase .
- C. Receipt containing necessary information about the goods.
- D. Letter specifying the contractual sales of goods between two parties
Company has an authorized capital of 100millon shares at N1 per share, out of which 50 million shares have been issued and fully paid-up, the remaining 50 million shares have?
- A. Not yet been issued
- B. Been applied for but not issued
- C. Not been paid-up
- D. Been issued but have not been paid-up
The document that gives an importer freehand to obtain goods form any manufacturer is
- A. A closed indent
- B. A consular invoice
- C. A freight note
- D. An open indent
The document that gives an importer freehand to obtain goods form any manufacturer is
- A. A closed indent
- B. A consular invoice
- C. A freight note
- D. An open indent
The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of
- A. Product concept
- B. Marketing concept
- C. Distribution concept
- D. Price concept
The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of
- A. Product concept
- B. Marketing concept
- C. Distribution concept
- D. Price concept
Communication enhances business activities by
- A. facilitating interaction between producers
- B. Facilitating interaction among media houses
- C. ensuring the movement of good forms the producer to the consumer
- D. keeping the goods safe until they and needed
Communication enhances business activities by
- A. facilitating interaction between producers
- B. Facilitating interaction among media houses
- C. ensuring the movement of good forms the producer to the consumer
- D. keeping the goods safe until they and needed
The implied provisions in every sale of goods as contained in the sale of goods act of 1893 are conditions and
- A. Guaranties
- B. Warranties
- C. Sureties
- D. Consideration
The internet is a system of telecommunication used for
- A. Sending electronic message
- B. Communicating messages through telegrams
- C. Communicating long-distance
- D. Sending and renewing text message
The internet is a system of telecommunication used for
- A. Sending electronic message
- B. Communicating messages through telegrams
- C. Communicating long-distance
- D. Sending and renewing text message
The computer using linear integrated circuit technology complied with quantification of data in term of length and distance is
- A. Main frame Computer
- B. Digital Computer
- C. Analogue Computer
- D. Hybrid Computer
The computer using linear integrated circuit technology complied with quantification of data in term of length and distance is
- A. Main frame Computer
- B. Digital Computer
- C. Analogue Computer
- D. Hybrid Computer
The application of division of labour would generally bring about
- A. Increase in quantity of goods and services
- B. Increase in variety of goods and services
- C. Cheapness of goods and services
- D. Cost efficiency in the production of goods and series.
The application of division of labour would generally bring about
- A. Increase in quantity of goods and services
- B. Increase in variety of goods and services
- C. Cheapness of goods and services
- D. Cost efficiency in the production of goods and series.
A market where new shares are traded is known as
- A. Primary Market
- B. Stock Exchange
- C. Secondary Market
- D. Money Market
A market where new shares are traded is known as
- A. Primary Market
- B. Stock Exchange
- C. Secondary Market
- D. Money Market
Citizens are against privatization mainly because of
- A. Ineffective Management
- B. The likely hood of monopoly
- C. Increased price of good and services
- D. The ration dilation of organizations.
The agency in Nigeria which ensure that products conform to government quality specification is the
- A. Nigerian consumers’ association
- B. Manufacturers' Association of Nigeria
- C. Standard Organization of Nigeria
- D. Nigerian Chamber of commerce