Commerce

The organizational structure below represents?The organizational structure below represents?

The organizational structure below represents?

A. line and functional structure B. line and staff structure C. functional structure D. line structure Correct Answer: Option B…

4 years ago
One of the function of the Niger Basin Commission is to?One of the function of the Niger Basin Commission is to?

One of the function of the Niger Basin Commission is to?

A. Ensure equal treatment of African nations B. A. Foster closer co-operation among West African nations C. A. Map out…

4 years ago
The instrument establishing the Economic Community of West African State in 1975 is?The instrument establishing the Economic Community of West African State in 1975 is?

The instrument establishing the Economic Community of West African State in 1975 is?

A. a decree B. an act C. a treaty D. constitution Correct Answer: Option C - a treaty

4 years ago
In an organization; civic consideration arises from?In an organization; civic consideration arises from?

In an organization; civic consideration arises from?

A. the profit derived from the environment B. its operations within the environment C. its social negative impacts on the…

4 years ago
The legal aspect of business is designed to?The legal aspect of business is designed to?

The legal aspect of business is designed to?

A. protect business organization and consumers B. safeguard consumers from undue business practices C. protect infant industries from collapse D.…

4 years ago
An aspect of the law which allows an exclusive right for a limited number of years is a?An aspect of the law which allows an exclusive right for a limited number of years is a?

An aspect of the law which allows an exclusive right for a limited number of years is a?

A. copyright B. trademark C. ratification D. patent Correct Answer: Option D - patent

4 years ago
After registration; a certificate of trading is usually issued to a?After registration; a certificate of trading is usually issued to a?

After registration; a certificate of trading is usually issued to a?

A. partnership B. public company C. private company D. sole proprietorship Correct Answer: Option B - public company

4 years ago
A bus driver operating between Lagos and Jos pledged the owner’s credit in Benin in order to have the engine repaired and the bill sent to the owner. This is a case of?A bus driver operating between Lagos and Jos pledged the owner’s credit in Benin in order to have the engine repaired and the bill sent to the owner. This is a case of?

A bus driver operating between Lagos and Jos pledged the owner’s credit in Benin in order to have the engine repaired and the bill sent to the owner. This is a case of?

A. del credere agency B. agency by necessity C. agency by ratification D. agency by estoppel Correct Answer: Option B…

4 years ago
The basic elements of a valid contract are?The basic elements of a valid contract are?

The basic elements of a valid contract are?

A. offer, acceptance, consideration and witness B. offer, intention, acceptance and legality C. offer, acceptance, intention, capacity and legality D.…

4 years ago
The composite functions of management are?The composite functions of management are?

The composite functions of management are?

A. planning, supervising, communicating B. planning, controlling, organizing and directing C. coordinating, supervising, staffing and communicating D. directing, supervising, motivating,…

4 years ago