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 primary objectives of a trade association is to
undertake researchwork on behalf of members
establish easy link with government
exchange information and negotiate as a preasure group
operat as a group against other groups
Correct answer is C
No explanation has been provided for this answer.
The main difference between nationalization and indigenization is in terms of
shareholding
profit
technology
efficiency
Correct answer is C
No explanation has been provided for this answer.
The first known legislation to protect consumer rights in Nigeria is the
Usury Laws
Hire purchase Act
Sales of Goods Act
Food and Drugs Act
Correct answer is C
No explanation has been provided for this answer.
An aspect of the law which allows an exclusive right for a limited number of years is a
copyright
trade mark
raffication
patent
Correct answer is D
No explanation has been provided for this answer.
After registration, a certificate of trading is usually issued to a
partnership
public company
private company
sole proprietorship
Correct answer is B
No explanation has been provided for this answer.