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.
Movement of commercial vehicles in Nigeria is controlled by the
Nigerian Ports Authority
National Association of Road Transport Workers
Federal Ministry of Transport
Nigerian Customs Authority
Nigerian Airports Authority
Correct answer is B
No explanation has been provided for this answer.
Key industries and those requiring huge capital are usually established as
public corporations
public limited companies
private limited companies
holding companies
partnerships
Correct answer is A
No explanation has been provided for this answer.
The management and control of co-operative societies are in the hands of the
contributors
Board of Directors
Committee
Financial controller
Registrar
Correct answer is A
No explanation has been provided for this answer.
On which of the following grounds may a company be compulsorily wound up?
the company is making abnormal profits
it did not declare dividends every year
its products compete with that of a government company
it fails to commence business within a year of its incorporation
it fails to make profit within a year of its incorporation
Correct answer is D
No explanation has been provided for this answer.
Who among the following is not engaged in a commercial occupation
a stock brocker
an engineer
a banker
a common carrier
an advertising agent
Correct answer is B
No explanation has been provided for this answer.