Commerce

Okeze contracted to sell TV sets to Ojo. Unknown to them; the sets were stolen in transit. This contract may be terminated on the ground of?

A. bankruptcy B. frustration C. fraudulence D. breach of contract Correct Answer: Option B - frustration

4 years ago

The agency that currently oversees the privatization and commercialization process in Nigeria is the?

A. Securities and Exchange Commission B. Technical Committee on privatization and commercialization C. Nigeria Stock Exchange D. Bureau of Republic…

4 years ago

Capital as a factor of production can be used as?

A. Money that is regarded as assets B. Goods that are useful in business C. Input for further production D.…

4 years ago

Which of the following best described the scope of commerce?

A. All forms of commercial exchanges relating to industry B. Buying and selling and the construction industry C. All occupational…

4 years ago

The major responsibility of an entrepreneur is?

A. Employing all factors of production in the business B. coordinating and determining the proportion of what to produce C.…

4 years ago

Secondary production has to do with changing the?

A. shape of raw materials through construction operations B. physical form of raw materials into finished goods C. utility of…

4 years ago

The most important factor that delayed the development of commerce in Nigeria was?

A. A.the inefficient means of communication B. that there were few entrepreneurs C. that there were few developed markets D.…

4 years ago

Find the current ratio?

  A. 1.53:1 B. 1, 85:1 C. 0. 87: 1 D. 0, 50:1 Correct Answer: Option B - 1.53:1

4 years ago

What is the owners’ equity?

A. N 250 000 B. N 300 000 C. N 420 000 D. N 200 000 Correct Answer: Option A…

4 years ago

Public debt management is one of the functions of a?

A. merchant bank B. central bank C. commercial bank D. development bank Correct Answer: Option B - merchant bank

4 years ago