Commerce

Another name for a foreign order is?

A. consular invoice B. dock warrant C. standing order D. indent E. Pro forma invoice Correct Answer: Option D -…

6 years ago

Which of the following is not a function of the Nigerian Airport Authority?

A. Maintains the buildings and tarmac B. Collects airport taxes C. Controls movement of aircrafts D. Maintains all aircraft in…

6 years ago

Which of the following is not a negotiable instrument?

A. Invoice B. Money order C. Cheque D. Promissory note E. Bill of exchange Correct Answer: Option A - Invoice

6 years ago

Which of the following describes the marketing mix?

A. Distribution, production policy, promotion, pricing policy B. Product planning, development, market research, price C. Product, Price, place, development D.…

6 years ago

A document issued to a buyer showing the quantity description and prices of goods bought is called?

A. a catalogue B. an invoice C. a price list D. an order E. an advice note Correct Answer: Option…

6 years ago

Movement of commercial vehicles in Nigeria is controlled by the?

A. Nigerian Ports Authority B. National Association of Road Transport Workers C. Federal Ministry of Transport D. Nigerian Customs Authority…

6 years ago

The reward of entrepreneurship as a factor of production is?

A. interest B. commission C. profit D. salary E. rent Correct Answer: Option C - profit

6 years ago

Key industries and those requiring huge capital are usually established as?

A. public corporations B. public limited companies C. private limited companies D. holding companies E. partnerships Correct Answer: Option A…

6 years ago

The management and control of co-operative societies are in the hands of the?

A. contributors B. Board of Directors C. Committee D. Financial controller E. Registrar Correct Answer: Option A - contributors

6 years ago

On which of the following grounds may a company be compulsorily wound up?

A. the company is making abnormal profits B. it did not declare dividends every year C. its products compete with…

6 years ago