Commerce

A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects.

A. debenture B. a bond C. a term loan D. an overdraft Correct Answer: Option A - debenture Explanation It…

5 years ago

The difference between a private are public limited liability company is that the former?

A. Is unable to declare and pay dividend. B. Has a higher number of share holder C. Is unable to…

5 years ago

The external environmental factors that affect a business cooperation are?

A. Economic, Social and legal B. Political, Culture and Labour C. Competition, Labour and Political D. Competition, Industry and Product.…

5 years ago

The forum for the selling and buying of securities of small and medium companies is called?

A. Securities and Exchange Commission B. Second tier Security Market C. Foreign exchange Market D. Second tier foreign Exchange market…

5 years ago

The development of commercial activate in Nigeria was harnessed by?

A. A good storage system B. Availability of market C. Increase in production D. Activities Correct Answer: Option A -…

5 years ago

In the permanent storage device; DASD means?

A. Data Access Systems Device B. Direct Access Systems Device C. Data Access Storage Device D. Direct Access Storage Device…

5 years ago

The measure of independence available to the individual business units that come together is the main difference between?

A. vertical and horizontal integration B. Mergers and Acquisition C. Consortium and imagination D. Trust and Cartel Correct Answer: Option…

5 years ago

Resources committed into the production of relatively few commodities is known as?

A. Production B. Specialization C. Creation manufacturing D. Manufacturing Correct Answer: Option B - Specialization Explanation Specialization is a method…

5 years ago

An agent who takes title 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 Explanation…

5 years ago

A memorandum of association is applicable to a?

A. partnership B. sole trader C. joint-stock company D. public corporation Correct Answer: Option C - joint-stock company Explanation it…

5 years ago