Commerce

Which of the following is a feature of Co-operative Societies?

A. Each member has several votes during meetings B. Profits are shared on the basis of shares held C. All…

5 years ago

Which of the following must be submitted to the Registrar of Companies before the company is incorporated?

A. Articles of Association and Certificate of Incorporation B. Memorandum of Association and Certificate of Incorporation C. Articles of Association…

5 years ago

Which of the following involves gathering and analyzing information about demand, consumers want and new products?

A. Sales promotion B. Market research C. Personal selling D. After-sales service E. Physical distribution Correct Answer: Option B -…

5 years ago

The Act designed to reserve certain businesses exclusively for Nigerians is known as the?

A. Sale of Goods Act B. Weights and Measures Act C. Nigerian Enterprises Promotion Act D. Standards Organization of Nigeria…

5 years ago

The state of scientific knowledge and production process obtainable in a country is part of the?

A. economic environment of business B. political environment of business C. legal environment of business D. technological environment of business…

5 years ago

The value stated on the share certificate as opposed to the current value is called?

A. premium value B. exchange value C. nominal value D. discount value E. market value Correct Answer: Option C -…

5 years ago

One of the reasons for national industries is?

A. for efficient management B. to control corruption and nepotism C. increase the number of shareholders D. to control corruption…

5 years ago

The practice of selling in foreign markets at less than cost price is known as?

A. fair trading B. over-invoicing C. smugging D. hedging E. dumping Correct Answer: Option E - dumping

5 years ago

The market for short term loans is known as the?

A. capital market B. discount market C. money market D. stock market E. open market Correct Answer: Option C -…

5 years ago

Which shares are sold Ex-div it means that the?

A. buyer is entitled to any dividend which may be declared B. shares are sold at per C. shares are…

5 years ago