Commerce

When a company sells shares to existing shareholders at preferential rate, this is?

A. a right issue B. bonus issue C. private placing D. issue by introduction Correct Answer: Option A A. a…

6 years ago

A cheque could be dishonoured as a result of?

A. same amount in words and figure B. insufficient fund C. general crossing D. regular signature Correct Answer: Option B…

6 years ago

The facility which is not provided by the port authority is?

A. berth B. warehouse C. tarmac D. cranes Correct Answer: Option C C. tarmac Explanation The following are some of…

6 years ago

The main purpose of branding is to?

A. increase the quantity of goods demanded B. increase the selling price of goods C. differentiate goods from other similar…

6 years ago

A memorandum of association is a document?

A. defining a company's relationship with the public B. inviting the public to buy a company's shares C. governing the…

6 years ago

The major division of commerce are?

A. import, export and transportation B. trade, communication and warehouse C. import, trade and production D. trade and auxiliaries to…

6 years ago

Which of the following does not belong to the extractive occupation?

A. quarrying B. carving C. mining D. agriculture Correct Answer: Option B B. carving Explanation Any processes that involve the…

6 years ago

A business which becomes insolvent may result in?

A. continuity B. expansion C. liquidation D. re-incorporation Correct Answer: Option C C. liquidation Explanation Insolvency is the state of…

6 years ago

The job of the police in keeping law and order in the society is?

A. a commercial service B. an indirect service C. a direct service D. a self-service E. specialized service Correct Answer:…

6 years ago

Commercial activities received a great boost in west Africa due to contact with?

A. Asians B. Europeans C. Americans D. Africans Correct Answer: Option B B. Europeans Explanation By 1900 much of Africa…

6 years ago