Sea vessels that do not operate on regular times and routes are?
A. tramps B. ocean liners C. container ships D. ferries Correct Answer: Option B – ocean liners
When a share with a nominal value of N50 is quoted at N70; it is being sold?
A. cum div. B. ex-div. C. at a discount D. at a premium Correct Answer: Option D – at a premium
A cheque is specially crossed if?
A. the name of the account holder is written between two parallel lines drawn across it B. it could be paid over the counter C. the name of the bank is written between two parallel lines drawn across it C. only two parallel lines are drawn across it Correct Answer:...
One of the functions of a trade association is to?
A. pay members salaries B. promote members’ welfare C. provide loans to members D. provide employment for members Correct Answer: Option B – promote members’ welfare
A document used to ensure correct payment of duty at the importing country is?
A. documentary credit B. consular invoice C. certificate of origin D. bill of lading Correct Answer: Option D – bill of ladingProducts
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