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.
In which of the following are the objectives of a company stated?
Annual Report
Articles of Association
Certificate of Incorporation
Certificate of Trading
Memorandum of Association
Correct answer is E
No explanation has been provided for this answer.
Which of the following is an objective of indigenisation? To
increase foreign participation in business
attract foreign Capital
help Nigerian entrepreneurs become monopolists
help citizens participate fully in the economy
distribute income
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a feature of supermarkets?
Standard shop fronts
Self service
Use of trolleys
Small number of sales assistants
Stocking mainly food items
Correct answer is A
No explanation has been provided for this answer.
Agents who link buyers with sellers receive?
factorage
brokerage
bonus
interest
premium
Correct answer is B
No explanation has been provided for this answer.
Which of the following does not determine the form ofa business unit?
Available capital
Risk bearing
Nearness to market
Ownership
Nature of business
Correct answer is C
No explanation has been provided for this answer.