A guarantee given by one person or party to another in which the integrity of the person is assured is?
A. fidelity B. term assurance C. subrogation D. indemnity Correct Answer: Option A – fidelity
The concept that refers to the sale; transfer or exchange of goods and service is?
A. industry B. trade C. tariff D. marketing Correct Answer: Option B – trade
The basic function of the Nigeria Ports Authority is to?
A. ensure that the right calibre of personnel is employed at the ports B. coordinate and regulate the activities of shipping lines C. facilitate and control the movement of goods and services into and out of the country D. coordinate the activities of all the seaports...
How much was the trade discount?
A. N42.500 B. N27,500 C. N22,500 D. 20,000 Correct Answer: Option A – N42.500
What was the the amount paid by Ojo?
Ojo purchased the following items from Sani at the specified prices on credit: 200 cartons of milk at N1,000 per carton; 50 bags of rice at N3 000 per bag. Sani allowed 10% trade discount and 5% cash discount, if payment is made within the agreed period. Ojo paid...Products
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