In the contract of sale of goods,”let the buyer beware” is signified by?
A. del credere B. uberrima fidei C. caveat emptor D. res ipsa loquitor E. caveat vendetta Correct Answer: Option C – caveat emptor
A counter offer operates as?
A. an acceptance B. an offer C. a rejection D. an agreement E. a contract Correct Answer: Option C – a rejection
Production ends when goods?
A. and services are used by the producer B. are packed and labeled C. are sold in the market D. and services reach the final user E. are advertised to the consumers Correct Answer: Option D – and services reach the final...
Which of the following towns was important to the trans-Saharan traders?
A. Enugu B. Oyo C. llorin D. Kaduna E. Kano Correct Answer: Option E – Kano
Which of the following support the view that there was commerce in Nigeria many years ago?
A. The economy was consistent B. Specialization was minimal C. Cowries were used as money D. Horses were used as means of transportation E. Communities were interdependent Correct Answer: Option E – Communities were...Products
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