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.
One of the functions of NACCIMA is?
negotiating with labour unions in matters of wages and conditions of service
pooling of members' resources for long-term investment
disseminating information to members on matters relating to tariffs
ensuring uniformity in labour matters and industrial relations
Correct answer is D
Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture is an organisation for all Nigerian state and related Chambers of Commerce, Ensuring the creation of a conducive atmosphere for the pursuit of commerce, industry and all other forms of economic activities of interest to the Private Sector.
N60,000
N36,000
N54,000
N90,000
Correct answer is C
36000 x 1.50k
54,000
trust
integration
syndicate
cartel
Correct answer is C
A syndicate is an association of people or organizations that is formed for business. It is a group of individuals or organizations combined to promote a common interest.
One of the main features of a partnership is?
limited liability
lack of corporate existence
unlimited membership
lack of utual confidence
Correct answer is B
No explanation has been provided for this answer.
The warehouse that is owned and controlled by the government is a?
wholesalers' warehouse
public warehouse
state warehouse
manufaturers' warehouse
Correct answer is C
State warehouse: This is owned and controlled by the government of a country. It is a warehouse where smuggled or contraband goods are kept.