Commerce

Privatization is?

A. Transfer of ownership from individual to government B. Transfer of ownership from government to stakeholders C. Transfer of ownership…

5 years ago

Trade fairs in Nigeria are organized by?

A. Ministry of commerce and industry B. Chambers of commerce D. The federal Government D. Manufacturer’s Association of Nigeria Correct…

5 years ago

One of the major problems of a sole proprietor is sourcing for?

A. Funds B. Labour C. Raw materials D. Machinery Correct Answer: Option A - Funds Explanation Sole proprietorship is solely…

5 years ago

Current account holders withdraw money through?

A. Credit card B. Cheque C. Transfer D. Withdrawal form Correct Answer: Option B - Cheque Explanation Current account holder…

5 years ago

The act of selling in a foreign market at a price lower than the cost price is called?

A. Dumping B. hedging C. fair trading D. under sale Correct Answer: Option A - Dumping Explanation Dumping is a…

5 years ago

One of the main aims of the ECOWAS is to?

A. foster interchange of goods and services among its members B. provide a reliable market for stock and shares C.…

5 years ago

The treaty establishing ECOWAS on May 28, 1975 was signed by?

A. 15 Heads of State B. 14 Heads of State C. 13 Heads of State D. 15 Foreign Ministers E.…

5 years ago

Which of the following is an insurance cover undertaken by the Government for its employees?

A. Endowment B. Marine insurance C. Fidelity guarantee insurance D. Pensions scheme E. Fire insurance Correct Answer: Option D -…

5 years ago

Which of the following is an insurance principle?

A. Endowment B. Premium C. Proximate cause D. Fidelity guarantee E. surrender value Correct Answer: Option C - surrender value

5 years ago

All advertising campaigns for consumer goods must pay attention to?

A. cinema advertising B. radio advertising C. point of sale D. door to door sale E. neon signs Correct Answer:…

5 years ago