Commerce

When a public company receives the certificate of incorporation, this implies that?

A. it can go ahead and start business B. it can no longer sue or be sued C. the company…

6 years ago

Industry is a branch of production because it?

A. is a division of commerce B. increases utility of goods C. involves the use of machines D. deals with…

6 years ago

Which of the following is not a commercial occupation?

A. Transportation B. Warehousing C. Banking D. Fishing Correct Answer: Option D D. Fishing

6 years ago

A worker who processed garri is engaged in?

A. extracting B. manufacturing C. exchange D. constructing Correct Answer: Option B B. manufacturing

6 years ago

The West African Clearing House (WACH) was established to?

A. dredge the rivers in West Africa for easy navigation B. expand the volume of traffic within member countries C.…

6 years ago

Which of the following interest holders are settled first in case of a company’s liquidation?

A. board of directors B. debenture holders C. ordinary shareholders D. preference shareholders Correct Answer: Option D D. preference shareholders

6 years ago

Which of the following sources of capital to a business requires mortgaging specific assets?

A. overdraft B. ordinary shares C. fixed debenture D. trade credit Correct Answer: Option D D. trade credit

6 years ago

If a country wishes to discourage imports, it?

A. removes quotas B. encourages free trade C. imposes tariffs D. subsidizes exports Correct Answer: Option B B. encourages free…

6 years ago

The choice of medium used in advertising is not determined by the?

A. cost of using a particular medium B. age group to which the medium appeals C. nationality of people using…

6 years ago

The Money Market is the?

A. market for long term loans B. market for short-term loans C. market for government securities D. banking hall of…

6 years ago