Commerce

The instruments of credit includes?

A. billboards and postal stamps B. payment vouchers and statement of account C. bills of exchange and promissory notes D.…

4 years ago

In a primary market; new shares are issued through?

A. personal selling, publicity and advertising B. a prospectus, an offer for sale and bill of exchange C. advertising a…

4 years ago

Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?

A. bank rates B. credits charges C. interest rates D. bank charges Correct Answer: Option A - bank rates

4 years ago

Sources of finance to a business include personal savings; share; debentures and?

A. loans from IMF B. bank overdraft C. central bank loans D. money from political parties Correct Answer: Option B…

4 years ago

A common element in all contracts is?

A. offer B. consideration C. acceptance D. agreement Correct Answer: Option D - agreement

4 years ago

One of the advantages of commercialization is that it?

A. encourages entrepreneuership B. increases the salaries of workers C. motivates governement to establish more business D. gives wortkers on-the-job…

4 years ago

Poor sewage disposal; oil spill and indiscriminate refuse dumping all lead to?

A. land pollution B. water pollution C. land and water pollution D. air and water pollution Correct Answer: Option C…

4 years ago

A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by?

A. conduct B. necessity C. ratification D. estoppel Correct Answer: Option B - necessity

4 years ago

In Nigeria; the body ensures that its members operate according to their professional ethics is the?

A. SON B. NPF C. MAN D. NAFDAC Correct Answer: Option A - SON

4 years ago

One important requirement for the membership of the ECOWAS is?

A. intergrity B. independence C. landmass D. population Correct Answer: Option B - independence

4 years ago