One of the following defines commerce

Which of the following types of activity turns processed raw materials into consumer and industrial goods

The production of clothing falls under

A firm can demonstrate social responsibility by

A distinctive feature of a limited liability company is that it

The coming together of two firms producing at different stages is?

When a firm liquidates, ____________ are first settled

Compulsory liquidation can arise from

What is the net profit for a company that earned N18 million and incurred total cost of N7 million considering that it paid 45% tax on its gross profit?

Fixtures and fittings represent ____________ in a balance sheet?

The following include the reasons government imposes import duties except

Which of the following businesses suit sole proprietorship

The use of machines to sell goods is a form of

The major function of the wholesaler is?

The rate at which a country's exports exchange for its imports is called

An industrial worker can be found at?

Which of the following is a form of simple production?

If a partnership deed is silent on profit sharing, partners share profits

The Articles of Association of a limited liability company will contain?

The combination of two companies to form a single entity is referred to as

For an incorporated company

The main advantage of a sole trader is the freedom to

If a company is voluntarily liquidated, the receiver is appointed by the

When a company uses more of loans than equity to finance its business, the company is said to be

The nominal value of a share of a company is also referred to as

A public limited company can issue debenture through

Factoring is not applicable to

The financial statement that shows claims of liability against assets is

Rights issue means the

Profit that is expressed as a percentage of the cost of goods sold is referred to as

Which of the following are aids to trade? I. Trading and advertising II. Warehousing and transportation III. Packaging and branding IV. Insurance and banking.

A royal charter was signed in

Which of the following is odd?

Which of the following provides indirect service

Which of the following is the most important entity for a business?

Partnership businesses are most suitable where

The business that is more pressed to discharge social responsibility is

The business that has the most chance to continue to eternity is

The business organization in which shareholders have equal votes is

The major objective of corporate mergers is to