Commerce

Which of the following regulates and controls the activities in the Nigeria Stock Exchange?

A. SEC A. CBN B. BPE D. NDIC Correct Answer: Option A - SEC Explanation The Securities and Exchange Commission (SEC) is…

5 years ago

Money is generally acceptable for transaction due to?

A. The rule of the law B. Its acceptability in the global market C. The legal backing D. The central…

5 years ago

The maximum number of shareholders in a public liability company is?

A. One hundred B. Unlimited C. Fifty D. Twenty Correct Answer: Option B - Unlimited Explanation To start a company,…

5 years ago

A company which issues a promissory note in lieu of payment for goods purchased

A. Is not bound to renew the note before payment B. Can return the goods purchased and refuse to pay…

5 years ago

Which is the fastest means of transportation?

A. Water B. air C. rail D. Road Correct Answer: Option B - air Explanation Air transport is an aircraft…

5 years ago

Why is clear bill of lading called so?

A. It shows records of damaged goods B. It shows no records of damaged goods C. It is a clear…

5 years ago

In Nigeria; the ministry in charge of registering trade association is that of?

A. Culture and tourism B. Finance C. Industries D. Commerce Correct Answer: Option D - Commerce Explanation The Ministry of…

5 years ago

Which of the following has power to order withdrawal of a particular food item from circulation?

A. Food and Drug Department of the Federal Ministry of Health B. Federal High Courts in Nigeria C. Standard Organization…

5 years ago

Bank overdraft as a short term source of fund is?

A. A current liability B. An overdrawn account C. Grade to a newly opened account D. Repayable after more than…

5 years ago

The factors which critically determines the choice of occupation is?

A. Skill B. Training C. Aptitude D. Interest Correct Answer: Option A - Skill Explanation Occupation is a person's usual…

5 years ago