Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,766.

The Nigerian Telecommunications Limited is a?

A.

jointly owned company

B.

public corpoation

C.

privately owned company

D.

public company

Correct answer is D

No explanation has been provided for this answer.

2,767.

Occupations are classified into?

A.

production, labour and economics

B.

extraction, construction and manufacturing

C.

industry, commerce and serves

D.

trade, aids to trade and serivices

Correct answer is C

No explanation has been provided for this answer.

2,768.

An acquired firm in a merger will always receive a?

A.

premium

B.

grant

C.

share

D.

discount

Correct answer is C

No explanation has been provided for this answer.

2,769.

The most important concept on production is?

A.

utility

B.

wealth creation

C.

transformation

D.

distribution

Correct answer is A

No explanation has been provided for this answer.

2,770.

One of the disadvantages of a sole proprietorship is?

A.

secrecy of annual reports

B.

pride of ownership

C.

limited liability

D.

unlimited liability

Correct answer is D

No explanation has been provided for this answer.