a constructive loss
a partial loss
a general average lossa total loss
an actual total loss
Correct answer is C
No explanation has been provided for this answer.
Small scale retail attracts a lot of new enterpreneurs in West Africa because
many people have had good training in retail trade
it is easy to succeed with the business
banks are always ready to lend retailers
only a small amouynt of capital is needed to start the business
government exempts retailers from paying tax
Correct answer is D
No explanation has been provided for this answer.
The document issued to a newly formed public company to commence business is called the
certificate of incorporation
articles of association
memorandum of association
trading certificate
insurance certificate
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a non-indemnity insurance?
Personal Accident Insurance
Burglary Insurance
Fire Insurance
Consequential loss Insurance
Third Party Insurance
Correct answer is A
No explanation has been provided for this answer.
The law governing the operations of companies and partnership in Nigeria is the
Nigerian Companies Decree
Nigerian Partnership Act
Nigerian Enterprises Promotion Decree
Companies And Allied Matters Decree
Sale of Goods Act
Correct answer is D
No explanation has been provided for this answer.