Commerce

An example of an activity in the construction industry is?

A. blacksmithing B. bricklaying C. car assembling D. shoemaking Correct Answer: Option C - car assembling

5 years ago

One of the major benefits of commerce to government is to?

A. improve the standard of living B. generate revenue for growth and development C. encourage cooperation among public organisations D.…

5 years ago

What insurance principle has Mr. P Violated if he decides to overstate the actual value of his property?

  A. Indemnity B. Insurable interest C. Uberrimae fidei D. Subrogation Correct Answer: Option C - Uberrimae fidei Explanation Uberrimae…

5 years ago

If Mr. N takes a fire insurance policy with average clause; his compensation will be?

A. N 5000 B. N 7, 500 C. N 70, 000 D. N 75, 000 Correct Answer: Option B -…

5 years ago

The difference between indemnity insurance and non-indemnity insurance is that the latter provides?

A. cover for exporters against risks B. cover for importers against risks C. full payment to the insured D. consolation…

5 years ago

A computer accessory through which information can be retrieved is the?

A. hard disk B. input device C. control unit D. floppy disk Correct Answer: Option D - floppy disk Explanation…

5 years ago

The environmental hazard that is most difficult to control is?

A. land pollution B. water pollution C. air pollution D. political unrest Correct Answer: Option C - air pollution

5 years ago

A major factor that affects business operations is?

A. technology B. supply C. product D. rivalry Correct Answer: Option A - technology Explanation Technology has important effects on…

5 years ago

To meet security requirements before gaining access to data; a computer operator supplies?

A. an e-mail address B. a yahoo address C. a password D. a modem Correct Answer: Option C - a…

5 years ago

The type of computer software used mainly for management information is?

A. corel draw B. autocad C. data base D. word perfect Correct Answer: Option C - data base Explanation A…

5 years ago