Commerce

Which of the following is an invisible export of Nigeria?

A. Shipping services Nigeria renders to Russia B. Nigeria's crude oil to London C. banking services rendered to Americans resident…

5 years ago

A trader who wants to buy goods from another country sends?

A. an advice note B. an invoice C. a bill of exchange D. a statement E. an indent Correct Answer:…

5 years ago

If a businessman imports stockfish with a view to exporting them to other countries, this form of trade is known as?

A. invisible trade B. entrepot trade C. export trade D. import trade E. bilateral trade Correct Answer: Option B -…

5 years ago

The receipt issued by a warehouse keeper for goods taken into the store is called?

A. drawback warrant B. warranty C. divided warrant D. dock warrant E. custom warrant Correct Answer: Option D - dock…

5 years ago

A clean bill of leading is so-called because?

A. the colour is pure, white B. it is not stained C. it is a document of authority D. it…

5 years ago

The activities of a company designed to stimulate consumers by giving them samples, premium, or conducting contests are referred to as?

A. consumer protection B. marketing mix C. sales promotion D. marketing concept E. advertising Correct Answer: Option C - sales…

5 years ago

Which of the following describes a distinctive symbol title or design that readily identifies the company or its product?

A. Trust B. Trademark C. Trade name D. Branch name E. Copyright Correct Answer: Option B - Trademark

5 years ago

Which of the following is a function of NIPOST?

A. Issuing money order B. Issuing dividend warrants C. Issuing Traveler's cheques D. Minting coins E. Printing trade journals Correct…

5 years ago

In which of the following would you advise Mr XY to check and confirm the exact telephone number of a bank located in Ibadan?

A. Post Office Guide B. Official Gazette C. Travelers' guide D. Private Branch Exchange E. Telephone directory Correct Answer: Option…

5 years ago

The means by which printed messages sent by cable are recorded is called?

A. telegram B. poste restante C. telecommunication D. telephone E. telex services Correct Answer: Option E - telex services

5 years ago