An insurance policy which benefits one's family only is in the event of one's death is known as
a comprehensive insurance
a whole-life insurance
an endowment policy
an annuity
a third party insurance
Correct answer is B
No explanation has been provided for this answer.
Which of the following will enable customs officers to correctly assess import duties on goods?
Pro-forma invoice
Bill of exchange
Documentary credit
Consular invoice
Bill of laden
Correct answer is E
No explanation has been provided for this answer.
Which of the following ensures that the quality of a product is maintained?
Price Control Board
Chamber of Commerce
Food and Drugs Act
Standards Organisation of Nigeria
Manufactures Association of Nigeria
Correct answer is D
No explanation has been provided for this answer.
Which of the following clearly defines business?
The process of planning, coordinating, organising and controlling
The act of achieving goals with the help of others
The act of buying and selling
Sole proprietorship, Partnership and Public Limited Companies
Any productive activity undertaken for profit motive
Correct answer is E
No explanation has been provided for this answer.
A group of public limited companies that commonly own a joint venture is known as
holding company
consortium
cartel
trust
merger
Correct answer is B
No explanation has been provided for this answer.