Commerce

The pivot on the wheel of commerce rotates is?

A. tariff B. trade C. taxation D. price Correct Answer: Option B - trade

4 years ago

An important issue for consideration in the product element of the marketing mix is the?

A. adequate of the product B. channel of distribution of the product C. price of the product D. planning and…

4 years ago

The principal objectives of the Central Bank of Nigeria can be classified broadly into?

A. bankers' bank lender of last resort and issuance of currency B. service, currency management and financial intermediation C. banking…

4 years ago

In product pricing; which of this element needs more consideration than others?

A. the demand for the product B. the demography of the buyers of the product C. the economic conditions in…

4 years ago

Securities on which the buyers are not issued with certificate are called?

A. authorized securities B. inscribed securities C. bearer securities D. registered securities Correct Answer: Option B - inscribed securities

4 years ago

The founders’ share is usually referred to as deferred share because the holders?

A. are entitled to cumulative dividends B. receive their dividends after other shareholders C. receive their dividends before shareholders D.…

4 years ago

An advantage of hire purchase to the consumer is the?

A. economies of scale in production B. possession of goods before payment C. increase in turnover and profit D. low…

4 years ago

Which of the following determines the quality of goods and that a retailer sells?

A. the mode of contract of sales B. the type of manufacturer C. the regulations regarding sales in the area…

4 years ago

Which of the following is an example of trade associations?

A. European Union B. National Marketing Board C. Organization of African Unity D. National Farmers' Council Correct Answer: Option B…

4 years ago

One of the most important function of marketing is?

A. encouraging research activities to meets needs B. creating classes of merchant among businessmen C. the extension of market for…

4 years ago