A function of commerce is to

Labour as a factor of production attracts

Which of the following industries uses wood to make furniture?

A factor which will not influence choice of occupation is

An aid to trade that provides information about a product is

A feature of land is that

The industry that transforms raw material into finished goods is

An organization formed to control prices of commodities by restricting the quantity supplied is a

If a groundnut farmer takes over a vegetable oil processing company the merger is

A chamber of commerce is an association of business individuals aimed at promoting the interest of the

In business, the net value of the owner's assets is

Quick decision making is a feature of a

A business unit that is restricted from transferring shares freely is a

The cost of goods is

The gross profit is

The rate of stock turnover is

An organization that protects users of products is a

An attribute of a cooperative society that makes it democratic is

A function of a wholesaler to a producer is

A deficit in the balance of trade occurs when

Which of the following trade documents prevent understatement of prices?

The quality of money that enables it to serve as a medium of exchange is

Application for insurance cover could be done using a

Sharing risks among insurance companies is

An organization that provides facilities and arranges for the purchase and sale of goods is

An example of an invisible item in the balance of payment account is

Which of the following documents would be used to collect imported goods?

A merit of credit sale is

A financial institution which offers loans to small scale business is a

Dealers in the stock exchange who buy and sell shares on their own account are

The price quoted when the exporter bears all expenses up to the port of delivery is

use the information below to answer questions 32 and 33. Gibril bought shares from a company at D 40 per share and sold them to Sam at D 60 each.

Gibril sold the shares at a

use the information below to answer questions 32 and 33. Gibril bought shares from a company at D 40 per share and sold them to Sam at D 60 each.

In his decision to buy the share at a high price, Sam is acting as a

An advert for the sale of cattle placed on a butcher's journal is

The fastest means of delivering parcels is through

Which of the following medium of communication is used within an organization?

A body charged with the responsibility of ensuring that products being sold are of a specified requirement is

A trade fair is an example of

The document used when goods are delivered by an independent carrier is

A form of advertising where firms jointly finance the advertisement of their products is

A contract of sale where the selling price includes interest is

An advantage of deregulation is that it

A term used to identify a product is

If Rose feeds her neighbor's son because of his inability to pick him on time, she becomes an agent by

Which of the following activities is considered as a pre-sale?

Recruitment and placement of workers in an organization is a function of the

A disadvantage of privatization is that

Which of the following is not a business objective

An objective of ECOWAS is to

Which of the following countries is not a member of the Lake Chad Basin Commission