Commerce (2018) | Study Mode

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Question 1
A
SEC
B
BPE
C
CBN
D
NDIC
Explanation

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Correct option: A
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Question 2
A
backwardation
B
Franco
C
arbitrage
D
contango
Explanation

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Correct option: A
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Question 3
A
issued capital
B
subscribed capital
C
called-up capital
D
authorized capital
Explanation

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Correct option: C
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Question 4
A
advance
B
over draft
C
commission
D
interest
Explanation

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Correct option: B
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Question 5
A
the rule of the law
B
its acceptability in the global market
C
the legal backing
D
the Central Bank Governor's signature
Explanation

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Correct option: C
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Question 6
A
Ministry of commerce and industry
B
chambers of commerce
C
The federal Government
D
Manufacturer's Association of Nigeria
Explanation

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Correct option: B
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Question 7
A
the advertising agency
B
sales promotion
C
the channel of distribution
D
the middle men
Explanation

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Correct option: C
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Question 8
A
marketing concept
B
selling concept
C
consumerism
D
market segmentation
Explanation

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Correct option: A
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Question 9
A
high maintenance cost
B
high cost of construction
C
Limitation in scope
D
vulnerability to climate changes
Explanation

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Correct option: C
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Question 10
A
co-operation society
B
public limited liability company
C
private limited liability company
D
sole proprietorship
Explanation

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Correct option: C

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