Commerce

Goods that are manufactured or acquired by the seller after the contract of sale are?

A. specialty goods B. future goods C. specific goods D. general goods Correct Answer: Option C - specific goods

4 years ago

A pattern that shows the kinds of participants involved in the production; distribution and ultimate use of a product is referred to as?

A. selection B. strategy C. structure D. synergy Correct Answer: Option C - structure

4 years ago

The main motive of chambers of commerce and trade association is to?

A. assist governemnt in achieving its objective B. protect the interest of consumers C. maximize profit D. protect and promote…

4 years ago

The right of ownership with respect to goods or property is?

A. right of occupancy B. proxy C. tittle D. certificate of occupancy Correct Answer: Option D - certificate of occupancy

4 years ago

An obstacle to international trade is?

A. trade imbalance between countries B. availiability of local market C. quantity and quality of labour D. cost of finance…

4 years ago

An example of a service-rendering trade association is?

A. Nigeria Bar Association B. Association of Nigeria Miners C. Cocoa Farmers' Association D. Manufacturers' Association of Nigeria Correct Answer:…

4 years ago

As the branches indicate; IV is?

A. commerce B. exchange C. finance D. construction Correct Answer: Option D

4 years ago

Goods are of merchantable quality if they?

A. conform to the description B. are of equal weight C. are of the same quality D. conform to buyers'…

4 years ago

Manufacturers’ Association of Nigeria contributes to development by advising the government on?

A. industrial policy and harmony B. budget and budgetary control C. budget and industrial control D. environmental protection policy Correct…

4 years ago

The use of vending machines in retailing is hindered in a developing economy owing to?

A. poor distribution network B. low level of education C. ineffective communication system D. lack os steady power supply Correct…

4 years ago