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.

461.

Who among the following engages in manufacturing occupation?

A.

Bricklayer

B.

Carpenter

C.

Miner

D.

Musician

E.

Spinner

Correct answer is B

No explanation has been provided for this answer.

462.

The national headquarters of Niger Basin Commission is at

A.

Lagos

B.

Niamey

C.

N’djamena

D.

Yamasucro

E.

Yaounde

Correct answer is B

No explanation has been provided for this answer.

463.

Which means of transport is most suitable for moving crude oil, gas and water from Port Harcourt to Kaduna?

A.

Bus

B.

Pipeline

C.

Ship

D.

Tanker

Correct answer is B

No explanation has been provided for this answer.

464.

For a contract to be valid, there must be

A.

drawee and drawer

B.

insured and insurer

C.

lessor and lessee

D.

offer and acceptance

E.

principal and agent

Correct answer is D

No explanation has been provided for this answer.

465.

Combination of methods used by a firm for marketing its product is known as .......

A.

marketing concept

B.

marketing mix

C.

market research

D.

market segmentation

E.

market share

Correct answer is B

No explanation has been provided for this answer.