Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
What is NOT an advantage of combinations (monopolies)?
bender opportunity to expand operations
fall in the cost of selling
pool of specialized managerial skills
centralized management
danger of over-capitalization
Correct answer is B
No explanation has been provided for this answer.
co-operative
employees
firms
trade
welfare
Correct answer is D
No explanation has been provided for this answer.
What is NOT an advantage of indigenization?
lt enhances the development of private initiative
lt ensures that important social services are provided at affordable cost
lt ensures that Nigerians control and run the business enter-prize of their country
It fosters and accelerates the pace of industrial development
There is a saving in foreign exchange
Correct answer is B
No explanation has been provided for this answer.
Which of NOT a class of preference shares?
cumulative
debenture
non-cumulative
participating
redeemable
Correct answer is B
No explanation has been provided for this answer.
ln which business is profit shared amongst the shareholders on the basis of patronage?
co-operative society
joint stock company
partnership
public company
sole proprietorship
Correct answer is A
No explanation has been provided for this answer.