Commerce

An announcement of a person’s willingness to enter into a contract is referred to as?

A. a proxy B. an offer C. a consideration D. an acceptance Correct Answer: Option B - an offer

4 years ago

The major achievement of ECOWAS is?

A. the expansion of regional trade B. the emergence of a monetary union C. infrastructural development in member countries D.…

4 years ago

An agent who takes tittle to goods and has authority to buy and sell on behalf of another is?

A. a jobber B. a broker C. a factor D. an auctioneer   Correct Answer: Option C - a factor

4 years ago

The business environment that takes into cognizance the age distribution; ethnic mix and educational level of the consumer is?

A. demographic environment B. economic environment C. cultural environment D. natural environment Correct Answer: Option A - demographic environment

4 years ago

Consumers require protection against exploitation to ensure?

A. adequate consumer awareness B. availability of products variety C. the sale of quality products D. increased aggregate demand Correct…

4 years ago

Which software program can be used to generate financial reports from a company’s client list?

A. MS Word B. Database C. MS Excel D. Adobe Correct Answer: Option C - MS Excel

4 years ago

A computer component that decodes and interprets instructions and also directs program implementation is?

A. memory unit B. central processing unit C. control unit D. system unit Correct Answer: Option B - central processing…

4 years ago

Which of the following is a form of social responsibility of a business?

A. Selling goods at cheaper prices B. Using the best technology available C. Maintaining tidy and safe environment D. Meeting…

4 years ago

A factor in a business environment which increases the rate of product obsolescence is?

A. technology B. political C. legal D. economic Correct Answer: Option A - technology

4 years ago

The practice whereby government relinquishes its ownership interest in a public enterprises is?

A. commercialization B. indegenization C. privatization D. nationalization Correct Answer: Option C - privatization

4 years ago