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 right of ownership with respect to goods or property is?
right of occupancy
proxy
tittle
certificate of occupancy
Correct answer is D
No explanation has been provided for this answer.
An obstacle to international trade is?
trade imbalance between countries
availiability of local market
quantity and quality of labour
cost of finance
Correct answer is D
No explanation has been provided for this answer.
An example of a service-rendering trade association is?
Nigeria Bar Association
Association of Nigeria Miners
Cocoa Farmers' Association
Manufacturers' Association of Nigeria
Correct answer is A
No explanation has been provided for this answer.
The founders ‘share are usually referred to as deferred shares because the holders?
are entitled to cumulative dividends
receive their dividends after other shareholders
receive their diviends before shareholders
are not entitled to any dividends
Correct answer is B
No explanation has been provided for this answer.
An advantage of hire purchase to the consumer is the?
economies of scale in production
possession of goods before payment
increase in turnover and profit
low interest rate chargeable
Correct answer is B
No explanation has been provided for this answer.