Commerce

A major reason why the government regulates business activities is to?

A. prevent producers from selling at profit B. providing employment to schools C. ensures fair practices and consumers protection D.…

6 years ago

If Baba is forced to agree to the terms of a contract at gunpoint, the contract is entered into?

A. under duress B. through frustration C. through misrepresentation D. by mistake Correct Answer: Option A A. under duress

6 years ago

The grading of products to satisfy different buyers is referred to as?

A. product mix B. product differentiation C. product concept D. product line Correct Answer: Option C C. product concept

6 years ago

Which of the following types of cheque protects the holder against the risk of loss?

A. Open cheque B. Bearer cheque C. Post-dated cheque D. Crossed cheque Correct Answer: Option D D. Crossed cheque

6 years ago

Which of the following is customer service?

A. Delivery B. Merchandizing C. Branding D. Market research Correct Answer: Option B B. Merchandizing

6 years ago

ECOWAS is form of?

A. economic union B. political union C. trade union D. free trade association Correct Answer: Option A A. economic union

6 years ago

A label on a product such as “Three Crown Milk” is a form of?

A. patent right B. branding C. copy right D. packaging Correct Answer: Option B B. branding

6 years ago

Which of the following is a disadvantage of the use of teleprinters in communication?

A. Transmission speed is slow B. Pictures cannot be transmitted C. Transmission quality is poor D. It cannot transmit during…

6 years ago

A certificate of incorporation is best favour by?

A. ordinary post B. recorded delivery C. express mail D. Parcel post Correct Answer: Option B B. recorded delivery

6 years ago

Which of the following does not influence the choice of means of transport?

A. Discount B. Value of goods C. Urgency D. Brand of vehicle Correct Answer: Option D D. Brand of vehicle

6 years ago