by Sunday | Sep 28 | NABTEB QUESTIONS
Principles of insurance: (i) Utmost good faith: This term means that all relevant information that may affect the contract of insurance must be truthfully disclosed by the insured and insurer. OR Failure on both parties to disclose any relevant material facts...
by Sunday | Sep 28 | NABTEB QUESTIONS
Benefits of insurance to an economy: (i) It is a safeguard against the numerous risks to which capital is exposed. (ii) It reduces the burden of losses to the entrepreneur (iii) It gives the entrepreneur the confidence and provides him the security needed to venture...
by Sunday | Sep 28 | NABTEB QUESTIONS
Conditions for a valid contract: (i) An offer must be made: This means that one party must propose that an agreement be made by both parties. A specified offer must be made to make clear the intention of the offeror. (ii) The offer must be voluntarily accepted: The...
by Sunday | Sep 28 | NABTEB QUESTIONS
Credit is an arrangement whereby the seller agrees to let the buyer take delivery of the goods with a promise to pay for them within a certain period of time, which is agreed upon by both parties.
by Sunday | Sep 28 | NABTEB QUESTIONS
Problems associated with foreign trade: (i) Language difference: There is need for an interpreter when selling to countries speaking different languages (ii) Tariffs: Goods may be subject to high import duties. (iii) Varying customs/cultures/religions: There is the...
by Sunday | Sep 28 | NABTEB QUESTIONS
Documents used in international trade: (i) An indent (ii) Shipping note (iii) Calling forward notice (iv) Freight note (v) Bill of lading/mate’s receipt. (vi) Invoice (vii) Consular invoice (viii) Certificate of origin (ix) Bill of exchange (x) Letter of...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.