Commercial activities received a great boost in West Africa due to contact with

The job of the police in keeping law and order in the society is

A business which becomes insolvent may result in

Which of the following activities does not belong to the extractive occupation?

The major division of commerce are

A memorandum of Association is a document

The main purpose of branding is to

The facility which is not provided by the port authority is

A cheque could be dishonoured as a result of

When a company sells shares to existing share-holder at preferential rates, this is

The conversion of raw materials into finished goods is performed by

Which of the following is not factor of production?

Use the following information to answer questions 13 – 14.

Adama's opening stock is D5,000. He purchased goods worth D30,000.

His closing stock was D7,000 and sales D55,000.

What is the average stock?

Use the following information to answer questions 13 – 14.

Adama's opening stock is D5,000. He purchased goods worth D30,000.

What is the cost of goods sold?

What is the rate of stock turnover?

Which of the following is a source of short-term capital?

The most suitable channel for the sale of an aircraft is

The duty payable on goods produced locally is

An overdraft is granted to holders of

The amount of capital used in the day-to-day running of a company is

An example of an invisible item of trade is

In a hire purchase agreement, the buyer is the

Which of the following terms is not used in price quotation for goods?

Mr. Ojo paid Noah the sum of ₦3,000 for a piece of land without signing a deed of sale. The element of contract which is lacking in the transaction is

Which of the following documents is used in home trade only?

The Central Bank carries out its monetary policy through

The expert responsible for the calculation of probability of risks in insurance is

A disadvantage of rail transport is that

The advertising medium that makes only audio impression is

A speculator in the stock exchange market who sells securities in anticipation of a fall in their prices is a

Which of the following activities aims at increasing sales?

A machine supplied by the post office to organisation to imprint stamps on their letters is

An agreement between two parties which can be enforced is

The marketing mix element which ensures that goods are available when and where needed is

An example of a computer's output device is a

Ocean liners are vessels that

The process of placing the right people in the right position in an organization is

The right of an unpaid seller does not include

The coming together of people who engage in trade and industry in a particular area is

The term which enjoins the buyer to examine goods thoroughly before making a purchase is

Which of the following is not a tool for sales promotion?

The organization of local and international trade fairs is the responsibility of

Under the principle of subrogation, the insurer has the right to

The law that protects a musician's work from piracy is

Which of the following countries is a member of the Lake Chad Basin Commission?

Which of the following is a type of marine insurance?

The transfer of ownership of government businesses to individuals is

One of the aims of ECOWAS is to

Which of the following business relies on government subvention for its operation?

Balance of payment deficits may be caused by