Commerce is defined as

The types of occupation that a broker belongs to is

A form of money which was not used in the early days of trade is

Which of the following activities is not an example of the extractive industry?

The factor of production which bear all the risks of the business is

Production is completed when product reach the

A partner whose name is used to boost the image of the business and does not contribute capital is a

One advantage of sole proprietorship is that

A business unit in which savings of members are lent to others is a

The document issued to a public company allowing it to commence business is the

Which of the following is not a function of a consumer association?

An association formed by computer distributors to safeguard and promote their interest is a

The issue of prospectus by a company is an invitation to members of the public to

Examples of currents assets are

When the cost of sales is divided by the average stock, the result is

The part of issued share capital that the company has asked the subscribers to pay for is

The last link in a channel of distribution is the

The difference between a country's imports and exports of goods in a particular year is

Goods brought into the country for sale are the country's

A feature of supermarkets which distinguishes it from other large-scale retail outlets is that items sold are

One advantage of small-scale retail outlets is

A discount deducted from the invoice price of goods to enable the retailer to make profit is

A document issued by the seller's own courier and signed by the customer to acknowledge receipt of the goods is

A request for goods from another country by an importer would be made using

The right to buy or sell stock in the stock exchange with a stipulated period is

The share value stated on a share certificate is

The bank which acts as the lender of last resort is the

The issue of shares which allows existing shareholder's to buy shares at a preferential price is

The financial market where existing shares and bonds are bought and sold is the

An insurance policy which is not a contract of indemnity is

When a company insures the lives of all its employees' collectively, the policy is

A cheque that could be cashed over the counter by the payee is

A specially-designed mode of transport for conveying liquid and gas is

The safe keeping of goods produced until they are needed is

One of the objectives of the Niger Basin Commission is to

A paid presentation about a product with a view to encouraging by an identifiable sponsor is

The face-to-face meeting of the seller with the buyer for the purpose of making sales is

The activity which improves the appearance of a product and also aimed at protecting it is

Which of the following is not a component of the marketing mix?

The marketing term which regards the consumer as king that must be satisfied is

An agreement that is enforceable in law is

A Contract will not be discharged through

A person engaged for the purpose of bringing his principal and a third party into a contractual relation is

The additional commission paid to agents for guaranteeing payment is

The transfer of ownership of a business from government to the public is

One of the disadvantages of privatization is that it

The management function which involves measuring outcomes and taking corrective action to reduce error is

In delegation of authority, the subordinate officer is

A medium for inter-departmental communication is

Which of the following is not an objective of ECOWAS?