Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following countries are members of the lake Chad Basin Commission?
Niger and Cameroun
Benin and Nigeria
Chad and Benin
Nigeria and Mali
Correct answer is A
No explanation has been provided for this answer.
bankruptcy
frustration
fraudulence
breach of contract
Correct answer is B
No explanation has been provided for this answer.
Securities and Exchange Commission
Technical Committee on privatization and commercialization
Nigeria Stock Exchange
Bureau of Republic Enterprises
Correct answer is D
No explanation has been provided for this answer.
Capital as a factor of production can be used as?
Money that is regarded as assets
Goods that are useful in business
Input for further production
Services that provide satisfaction
Correct answer is C
No explanation has been provided for this answer.
Which of the following best described the scope of commerce
All forms of commercial exchanges relating to industry
Buying and selling and the construction industry
All occupational exchanges relating to industries and commercial activities
Buying and selling as well as the extraction of natural resources
Correct answer is C
No explanation has been provided for this answer.