Commerce

The minimum number of membership for a public limited company is?

A. two B. seven C. seventeen D. twenty E. fifty Correct Answer: Option B - seven

5 years ago

Nearness to a city centre and a busy street is a necessary condition for sitting?

A. a market place B. a sales office C. an accounts office D. an advertising office E. A wholesale warehouse…

5 years ago

Which of the following is common to both large and small firms?

A. Lower running cost B. Personal attention to customers C. Large capital D. Profit-making E. Opening On public holidays Correct…

5 years ago

Which of the following cannot be used as a means of transport between Kano and Lagos?

A. Airplane B. Ship C. Train D. Bus E. Car Correct Answer: Option B - Ship

5 years ago

A del credere agents is distinguished from other agent in that he?

A. is a partner in a trading fim B. works for his principal on commission basis C. is a middle…

5 years ago

A speculator who buys shares and stocks in anticipating of a rise in their price at the stock Exchange is a?

A. bull B. bear C. broker D. jobber E. stag Correct Answer: Option A - bull

5 years ago

Ware house are located in Lagos because of?

A. availability of wholesale B. even development C. nearness to sea and airports D. the need to check smuggling E.…

5 years ago

The main similarity between commercial banks and other financial institution is?

A. the acceptance of customers' deposit and making on their behalf B. financing of balance of payment deficits C. creating…

5 years ago

Which of the following is not a reason for forming a customer association?

A. Protection against poor quality goods B. Protection against unscrupulous salesmen C. Improving the quality of goods to consumers D.…

5 years ago

UTC, kingsway Stores and Leventis Stores are typical examples of?

A. Telephone B. Recorded delivery C. Telex D. Express mail E. Bill of lading Correct Answer: Option B - Recorded…

5 years ago