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.
A memorandum of association is applicable to a
partnership
sole trader
joint stock company
public corporation
Correct answer is C
it is joint stock Company that prepare memorandum of association during the course of registering the company it is also known as Limited Liability Company.
The body regulating the sale and purchase of shares in Nigeria is the
Corporate affair commission
Securities and exchange commission
Securities and exchange tribunal
Nigerian stock exchange
Correct answer is B
The securities and exchange commission is the regulatory apex organization of the Nigerian capital market.
In a typical manufacturing enterprises, the line function is performed by the
Public relations department
Marketing Department
Estate or Properties Department
legal Department.
Correct answer is B
The marketing department does public relations i.e the public relations department is part of the marketing department
A machine which enables sales without the physical presence of sales attendant is a
Telex Machine
Fax Machine
Vending Machine
Computer machine
Correct answer is C
The vending machine is a retails machine that release the product to the tune of the amount of money slotted into the machine and the product indicated by the consumer.
non-resident s of a country travel within it.
non- resident of a country travel to other countries
resident of a country travel within it
Residents of a country travel to other countries.
Correct answer is C
It involves the movement of tourist within their country of residence tourist resident in Nigeria for instance travelling within.