Commerce

The social responsibility factor of an organization is geared towards?

A. contributing to the sustenance and development of its host community B. operating without disrupting the very essence of the…

5 years ago

A Digital Versatile Disk is an example of a?

A. transmission control protocol B. microprocessor C. file transfer protocol D. computer storage device Correct Answer: Option D - computer storage device Explanation…

5 years ago

Which of the following computers can be used in weather forecast?

A. Hybrid computer B. Digital computer C. Mainframe computer D. Analog computer Correct Answer: Option A - Hybrid computer Explanation Hybrid computers are computers that exhibit…

5 years ago

The three functional units of a modern computer are?

A. input, processor and output units B. processor, FOTRAN and output units C. black box, output and input units D. basic, COBOL and…

5 years ago

The difference between a factor and a broker is that the former?

A. is licensed to sell goods on auction B. has a lien on the goods he possesses C. is not…

5 years ago

A contract which is devoid of legal effect is?

A. void contract B. unenforceable contract C. voidable contract D. valid contract Correct Answer: Option C - voidable contract Explanation…

5 years ago

Hire purchase is advantageous to the seller in that?

A. it elevates his living standard B. his turnover will increase C. people pay on installment D. it enhances high…

5 years ago

Mr. Bunmi attempted to claim damages but failed. This implies the contract was terminated by?

Mr. Taiwo entered into a contract to let a car to Mr. Bunmi for his wedding for two days. However,…

5 years ago

Which of the following is used as pricing policy?

A. labelling B. packaging C. market selection D. market skimming Correct Answer: Option D - market skimming Explanation Market Skimming…

5 years ago

Which of the following aspects of marketing stimulates buying by providing free gifts?

A. a personal selling B. sales promotion C. advertising D. publicity Correct Answer: Option B - sales promotion Explanation Sales…

5 years ago