Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The fastest and most accurate means of passing information is
airmail letter
express letter
registered letter
telegram
telephone
Correct answer is E
No explanation has been provided for this answer.
John Holt Nigeria plc
Lever Brothers Nigeria plc
National Electric Power Authority
PZ Nigeria plc
United Africa Company Ltd
Correct answer is C
No explanation has been provided for this answer.
The reputation and good image benefits arising from the business connections of a firm are called
commission
dividend
goodwill
interest
profit
Correct answer is C
No explanation has been provided for this answer.
The factor of production which involves both the mental and physical effort of man is called
capital
entrepreneur
labour
land
work
Correct answer is C
No explanation has been provided for this answer.
Abubakar wants to sell his shares on the Kano Stock Exchange. Which service would he employ?
auctioneer
chamber of commerce
del-credere agent
insurance agent
stock broker
Correct answer is E
No explanation has been provided for this answer.