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Activities which facilitate commerce include
A document through which invitation is extended to the public to subscribe to share is
One example of a product of the construction industry is a
A person authorized to sell the property of a company in a winding up is
Use the diagram below to answer questions 5 to 7.

The space marked A represents
Use the diagram below to answer questions 5 to 7.

The space marked X represents
Use the diagram below to answer questions 5 to 7.

What does the space marked M represents
The purchase and sale of goods over electronic system is
One disadvantage of a sole proprietorship is
Which of the following is a source of short-term finance to a business?
The portion of share capital which the company has asked shareholders to pay is
Multilateral trade is carried out
An association of business engaged in both trade and industry is
Which of the following statements is true of a debenture?
The part through which a product moves from the manufacturer to the consumer is a
If the opening stock of Ali Ltd is ₦40,000 cost of goods sold is ₦48,000 and closing stock is ₦24,000, its rate of turnover will be
A business which requires a certificate of trading in order to commence operation is
Exchange of goods in international market which does not involve the use of money is
Which of the following features is not associated with a chamber of commerce? It is
The reason for sending a proforma invoice to a potential customer is that it is
The insurance policy taken to convert dishonesty of accounts personnel of an organization is
Which of the following documents is used when good are being sent by a common carrier?
A put option in the stock exchange is an option
The functions of money do not include
A document of title to goods written by the ship owner, specifying that certain goods are being conveyed in the ship is
Informative advertising is aimed at
A cheap means of carrying bulky goods over long distance is by
A contract terminated by the occurrence of an event which makes performance impossible is discharge by
An individual employed to act on behalf of another within a specified guideline is
Which of the following is not a component of the marketing mix?
A method of buying in anticipation of price fluctuation in the commodity market is
A shipping document detailing the charges for carrying a particular cargo for a specified voyage is
Commercial agents who are authorized to keep goods until they are sold are
An advertisement method whose objective is to convince customers to buy a product is
A government legislation which ensures that quality goods and services are available to customers is
A bank draft is a cheque draw by a bank on
A company is quoted on the stock exchange when its shared are
Which of the following functions is not performed by the export promotion council?
Activities undertaken to create awareness of a product by giving out samples or gifts is
An advantage of privatizing a firm is that it
The transfer of authority by a superior officer to his subordinate in an organization is
The provision of scholarships by a firm to needy students is part of its
How many countries form ECOWAS?
Which of the following is a modern means of communication?
A system of issuing new shared to selected investors instead of the general public is
One of the aims of European Union is to
The purpose of commercialization is to
The time allowed for loading and unloading a ship at the harbour is
Interbank indebtedness is settled at the
The concern of a marketing manager whose company has adopted the marketing mix concept is to
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