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 main objective of a trade association can best be described as promoting and protecting
the products
common interest
the market
customer's interest
Correct answer is D
No explanation has been provided for this answer.
The least of the advantages of indigenization is that
the standard of living of the indigenes is improved
the economy is controlled by the nationals
enterpreneurals skill is developped
foreigners' domination is avoided
Correct answer is A
No explanation has been provided for this answer.
The activities of consumers association in Nigeria have not been effective because
the consumers are too many
the government is not favourabley dispose towards consumerism
there is poor enlightenment about consumer rights
the consumers have no medium for expressing their feelings
Correct answer is D
No explanation has been provided for this answer.
The overriding objective of the food and drug act in Nigeria is too prevent the
importation of food and drug that can be locally manufactured
consumption of food and drug not tested by the minitries of health
adulteration of food and drug sold in the country
manufactures of food and drug from charging excessive prices
Correct answer is D
No explanation has been provided for this answer.
One of the criteria for differentiating consumers markets from industrial ones is the
type of demand
type of supply
nature of the services rendered
price of the goods
Correct answer is A
No explanation has been provided for this answer.