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.
Which of the following maxims negate the principle of collective bargaining?
individual employees have weak bargaining base
individual employees attain strength when they come together in union
only members of the union can benefit from agreements negotiated by the union
collective bargainig covers the vast majority of employees, whether union members or not
Correct answer is C
No explanation has been provided for this answer.
Which of the following has power to order withdrawal of a particular food item from circulation?
Standard organisation of Nigeria
Federal High courts in Nigeria
Food and Drug Department of the Federal Ministry of health
Local government health inspector
Correct answer is C
No explanation has been provided for this answer.
The comprehensive import supervision scheme was set up by the federal government in order to
reverse Nigeria's unfavourable balance of trade
promote fair trade between Nigeria and other countries
counteract all fraudulent business deals of Nigeria with other nationals
ensue that import into Nigeria are of the correct quality, value and quantity
Correct answer is D
No explanation has been provided for this answer.
Nationalization of an industry means that its ownership becomes that of
government
shareholders
taxpayers
indigenes
Correct answer is A
No explanation has been provided for this answer.
an offer and acceptance
an implied contract
a complete simple contract
an offer but no acceptance
Correct answer is D
No explanation has been provided for this answer.