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.

2,946.

One of the major function of a chamber of commerce is to

A.

promotes and protect trade, industry and agriculture

B.

advise members on regulations of other countries

C.

settle disputes that arise out of trade

D.

publish books and periodical desired by members

Correct answer is A

No explanation has been provided for this answer.

2,947.

One way government reduces the repatriation of capital is through

A.

nationalization

B.

divestiture

C.

indidenization

D.

naturalization

Correct answer is C

No explanation has been provided for this answer.

2,948.

The maximum number of shareholders in a public liability company is?

A.

twenty

B.

fifty

C.

one hundred

D.

unlimited

Correct answer is D

No explanation has been provided for this answer.

2,949.

Who is the offeree in this contract ?

A.

Musa

B.

Audu

C.

Adamu

D.

Jacob

Correct answer is C

No explanation has been provided for this answer.