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.
The law stipulating that labels should contain full details about a product is known as the
Hire-purchase Act
Price Control Act
Standards Organisation of Nigeria Act
Trade description Act
Sale of Goods Act
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not considered when siting a retail shop?
Advertising
Rent
Accessibilty
Target population
Proximity to source of supply
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not covered by fire insurance policy?
Consequential loss
Gas explosion
Domestic boilers
Lightning
Kerosene explosion
Correct answer is D
No explanation has been provided for this answer.
uberrimae fidei
indemnity
proximate cause
insurable interest
contribution
Correct answer is A
No explanation has been provided for this answer.
The Stock Exchange does not deal in
shares
treasury bills
debentures
stocks
bonds
Correct answer is B
No explanation has been provided for this answer.