Commerce

Demurrage is a charge for?

A. utilized lay days B. unused lay days C. exceeding lay days D. damaged cargo E. jettisoned cargo Correct Answer:…

5 years ago

The Nigeria Television Authority is an example of a?

A. private limited liability company B. public limited liability company C. multinational corporation D. co-operative society E. public corporation Correct…

5 years ago

Which of the following is not an element of the marketing mix?

A. Product B. Pricing C. Promotion D. Merchandising E. Distribution Correct Answer: Option D - Merchandising

5 years ago

A trade document signed by a representative of the country to which goods are being sent is called?

A. export invoice B. consignment note C. certificate of origin D. pro-forma invoice E. consular invoice Correct Answer: Option E…

5 years ago

The selection and promotion of staff in an organization is the function of the?

A. marketing department B. finance department C. personnel department D. production department E. public relations department Correct Answer: Option C…

5 years ago

The major dealers on stock exchange market are the?

A. authorized clerks B. jobbers C. investors D. brokers E. underwriters Correct Answer: Option B - jobbers

5 years ago

Which of the following countries is not a member of ECOWAS?

A. Nigeria B. Gambia C. Sierra-Leone D. Ghana E. Cameroun Correct Answer: Option E - Cameroun

5 years ago

Which of the following arguments are in favour of establishing ECOWAS?

I. The countries concerned would be able to expand market beyond their territorial boundaries. II. Currency union is the final…

5 years ago

A cheque made payable to “bearer”

A. Can be negotiated for cash by the drawer only B. can only be paid into an account C. can…

5 years ago

Which of the following is the acceptable classification of warehouse?

A. Ordinary, wholesale and state warehouse B. Ordinary, presidential and bonded warehouse C. Bonded, royal and queen warehouse D. Ordinary…

5 years ago