Commerce

The type of marine insurance which covers either damage or loss to the vessel and such as caused by it to other vessel is?

A. hull insurance B. time insurance C. freight insurance D. cargo insurance Correct Answer: Option A - hull insurance

4 years ago

The focal point of marketing is?

A. the competitor B. the buyer C. profit-making D. sales Correct Answer: Option D - sales

4 years ago

An example of service rendered by NIPOST is?

A. electronic mail B. courier C. telephone D. mail delivery Correct Answer: Option D - telephone

4 years ago

The payment made periodically in respect of an insurance policy entered into is known as?

A. bond B. commission C. premium D. surrender value Correct Answer: Option C - premium

4 years ago

A firm that adapts itself to delivering the desired satisfaction more effectively than its competitors is said to be practicing?

A. price concept B. distribution concept C. product concept D. marketing concept Correct Answer: Option D - marketing concept

4 years ago

A guarantee given by one person or party to another in which the integrity of the person is assured is?

A. fidelity B. term assurance C. subrogation D. indemnity Correct Answer: Option A - fidelity

4 years ago

The concept that refers to the sale; transfer or exchange of goods and service is?

A. industry B. trade C. tariff D. marketing Correct Answer: Option B - trade

4 years ago

The basic function of the Nigeria Ports Authority is to?

A. ensure that the right calibre of personnel is employed at the ports B. coordinate and regulate the activities of…

4 years ago

How much was the trade discount?

A. N42.500 B. N27,500 C. N22,500 D. 20,000 Correct Answer: Option A - N42.500

4 years ago

What was the the amount paid by Ojo?

Ojo purchased the following items from Sani at the specified prices on credit: 200 cartons of milk at N1,000 per…

4 years ago