w commerce 22

A retail store that sells a single product from a particular manufacturer is a

Which of the following is not a function ol management?

The purpose of commercialization is to

The law by which a seller transfers the property in goods to a buyer at an agreed price is the

sea vessels that do not operate on regular times and routes are

An advantage of rail transport is that it

The commission on a postal order is

a disadvantage of privatization is

One of the functions of commercial banks that cannot be performed by central banks is

in the stock exchange such as bulls, bears and stags are categorized as

The service of a retailer is part of production because it

Advertisement which is geared towards a particular audience is

Average stock is derived by adding

The growth of Pro commerce is not enhanced by

The number of subordinates a head of department supervises is

The agreement which led to the formation of the West African Clearing House was signed in

Consumers could be encouraged to purchase a company's products through

A document used to ensure correct payment of duty at the importing country is

The principle which prevents an insured from receiving a claim that is more than the value of the loss, if the property is insured by more than one company is.

The incentive given to a buyer to encourage prompt payment is

An undertaking to repair a customer's vehicle for a certain period after it has been sold is

A partner who contributes only his name to the formation of a partnership is

Payment made to a carrier for transportation of goods is

Which of the following is not a characteristic of a commercial bank?

Which of the following documents would a shareholder inspect to know his voting rights?

The marketing concept emphasizes

Which of the following organizations provide essential goods and services at low cost to citizens?

A retail business that sells goods by post, using catalogues is a

An article used as a means of exchange in the early days of trade in West Africa was

When a share with a nominal value of N50 is quoted at N70, it is being sold

The resources put together to create goods and services are

A requirement for an offer to be valid is that it should be

Calculate the gross profit.

A document that instructs an agent to buy goods from a named firm is

A group of sellers who pool their resources to buy goods in large quantities and sell to its members is a

A cheque is specially crossed if

Central banks sell treasury bills to the public to

The of the products of the construction industry is a

A country's visible balance of payment is made up of

The quality of money which makes it possible to buy goods in small quantities is

Which of the following groups would advocate for the supply of constant electricity to households?

Which of the following is not a right of a consumer?

The act of removing government laws and allowing market forces to determine prices is

One of the aims of ECOWAS is to

One of the functions of a trade association is to

An internal source of finance to an entrepreneur is

Use the information below to answer question 13 and 14 # Sales 50,000.00 Debtors 10,000.00 Cash-in-hand 5,000.00 Opening stock 30,000.00 Creditors 8,000.00 Purchases 16,000.00 Overdraft 12,000.00 Closing stock 10,000.00 calculate the working capital.

The provision of services is classified under

An organizational chart of a company shows the

An agency agreement in which the principal approves the action of his authorized representative is agency by