Commerce

Which of the following protects consumers against poor quality foods?

A. Chambers of Commerce B. Standard Organization C. Trade Association D. Manufacturers Association Correct Answer: Option B B. Standard Organization

6 years ago

Mr. Biu has been paying the premium of a straight Life Assurance policy for several years. The surrender value of the policy is the amount that?

A. would be paid to Mr. Biu if he should discontinue with the policy B. would be paid to Mr.…

6 years ago

An insurance policy that covers the body of the ship only is called?

A. Haulage insurance B. Voyage insurance C. Hull insurance D. Cargo insurance Correct Answer: Option C C. Hull insurance

6 years ago

To endorse a cheque means to?

A. write and sign one's name at the back of the cheque B. write "pay cash" on the cheque C.…

6 years ago

A market which deals in the purchase and sale of second-hand securities is the?

A. Stock Exchange B. Building Society C. Shippers Council D. Co-operative Correct Answer: Option A A. Stock Exchange

6 years ago

The object clause of a limited liability company is stated in the?

A. Memorandum of Association B. Article of Association C. Certificate of Incorporation D. Trading certificate Correct Answer: Option A A.…

6 years ago

The Board of Directors of Public corporation is appointed by the?

A. government B. shareholders C. management D. employees Correct Answer: Option A A. government

6 years ago

The last link in the production process is the?

A. transporter B. wholesaler C. consumer D. retailer Correct Answer: Option C C. consumer

6 years ago

Who among the following does not render direct service?

A. Teacher B. Musician C. Doctor D. Retailer Correct Answer: Option D D. Retailer

6 years ago

Which of the following is not the function of commerce?

A. the conversion of raw materials into semi-finished products B. the conversion of semi-finished products into end products C. Provision…

6 years ago