A company which acquires more than 50% voting shares of another company is called?
a trust
a cartel
an amalgamation
a consortium
a holding company
Correct answer is E
No explanation has been provided for this answer.
Pro-forma invoice
Advice note
Consignment note
Statement of account
Delivery note
Correct answer is A
No explanation has been provided for this answer.
Which of the following indicates special crossing on a check? Two parallell lines with
"& Co" and "not negotiable"
the abbreviation "& Co" only
"account payee" only
the name of a particular bank
"not negotiable" only
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a function of the Nigerian Ports Authority?
Checking smuggling activities
Handling of goods
Collection of harbour dues
Decongestion of ports
Provision of warehouse facilities
Correct answer is A
No explanation has been provided for this answer.
Franking
Record Delivery
Post Office Box
Business Reply Service
Telex service
Correct answer is C
No explanation has been provided for this answer.