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A loan to a customer with a cheque account at a bank in which the account is allowed to go into debit is
The difference between a factor and a broker is that the former
One of the major determinants of the volume of production is
The payment made by a speculator to the buyer when he is unable to deliver stocks on the agreed date is
Cum div differs from ex div in that, the later
One of the products of an extractive industry is
The document submitted to the customs authority when full description of imported goods is not provided is
A trader who experienced loss through fire can be restored by
The payment for direct service is usually made by the
The insurance principle that allows an insurance an insurance company to take over the rights of the insured once he has been compensated is
Which of the following regulates and controls the activities in the Nigerian Stock Exchange?
A Digital Versatile Disk is an example of a
The role of customs and exercise authority includes the
A carton of noodles valued at #2,000 was invoiced at #200 only.The accounting procedure to correct this error is to issue
Hire purchase is advantageous to the seller in that
The net profit is the excess of gross profit and sources of income over all the expenses . This implies that net profit is
The principle which requires the insurance company to disclose to the proposer all material facts of the risk to be covered is
A form of money with face value which is greater than the value of the metal content is
Cooperation and friendliness are enhanced among nations through interdependence necessitated by
In response to an inquiry from a customer, a wholesaler is expected to send back
The physical and psychological satisfaction a customer derives from the purchase of goods and services is
The major aim of establishing a public corporation is to
The principle of management that emphasizes on the number of subordinates under the direct supervision of a manager is
To eliminate middlemen, there should be a retail outlet such as
Mrs Jones who lives in the riverine community of Rivers State makes her living through crabbing and fishing . This type of occupation she is in is
An agent who transacts business with the broker in the stock exchange is a
Insurance against burglary is an example of
Which of the following computers can be used in weather forecast?
A contract which is devoid of legal effect is
Marketing differs from selling in that,the latter only creates
The coming together of a manufacturing business with a firm that markets its products is
A business that focuses attention on the quality of the goods produced by precisely knowing what the consumers desire is said to be operation the
Mr Taiwo entered into a contract to let a car to Mr Bunmi for his wedding for two days. However, the car had an accident before the first day. Mr Bunmi attempted to claim damages but failed. This implies the contract was terminated by
Endowment policy in insurance business is an aspect of
The three functional units of a modern computer are
An association of voluntary organizations that work together for a common aim while retaining their independence is a
A document sent by a broker to his client to confirm a purchase of sale made on his behalf is
An important feature of land is that it
The social responsibility factor of an organization is geared towards
Which of the following aspects of marketing stimulates buying by providing free gifts
Which of the following is used as a pricing policy?
The deliberate effort geared towards discarding some cargoes in order to lighten the vessel is
The document that explains the types of shares available for sale to the public is
The distribution of petroleum products in Nigeria is through
A bond which attracts only interest but leaves the capital unpaid is referred to as?
The document issued by a port authority for goods deposited is a
Tourists with no fixed address in a town may receive their letters from post office through a
Part payments made on allotted shares by subscribers is usually the
A document recording the transactions of an organization with its customer for a specified period which normally shows the indebtedness of one to the other is a
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