Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The evolution of commerce in Nigeria is traceable to the?
period of barter economy as human needs became limitless
desire by human beings to satify their needs through the services of other people inthe society
development of human civlizations and the desire to meet their needs
primitive stage of existence of human beings
Correct answer is B
No explanation has been provided for this answer.
The location of a business is mostly influenced by?
market outlet
management decision
capital
environment
Correct answer is D
No explanation has been provided for this answer.
Which oft these factors of production is relatively fixed in supply?
Capital
Enterpreneuer
Human resources
Natural resources
Correct answer is D
No explanation has been provided for this answer.
joint venture
cooperative society
partnership
company
Correct answer is A
No explanation has been provided for this answer.
In the event of the liquidation of a company, the first to be settled are?
debenture holders
members of the board
preference shareholders
ordinary shareholders
Correct answer is A
No explanation has been provided for this answer.