Commerce 2010 | Study Mode

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Question 21
A
recorded delivery
B
registered mail
C
certificate of posting
D
express mail
Explanation

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Correct option: B
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Question 22
A
conerting losses on damages to the cargo
B
protcting injured crew in the ship
C
averting payment of the freight
D
covering damages to the body of the ship
Explanation

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Correct option: A
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Question 23
A
a del credere agent
B
an auctioneer
C
a factor
D
a broker
Explanation

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Correct option: D
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Question 24
A
absence of genunie tour operators
B
lack of tourism master plan
C
inadequate tourist centres
D
non-compliance to immigration laws
Explanation

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Correct option: B
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Question 25
A
wholesalers' warehouse
B
public warehouse
C
state warehouse
D
manufaturers' warehouse
Explanation

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Correct option: B
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Question 26
A
limited liability
B
lack of corporate existence
C
unlimited membership
D
lack of utual confidence
Explanation

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Correct option: B
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Question 27
A
trust
B
integration
C
syndicate
D
cartel
Explanation

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Correct option: C
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Question 28
A
N60,000
B
N36,000
C
N54,000
D
N90,000
Explanation

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Correct option: C
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Question 29
A
negotiating with labour unions in matters of wages and conditions of service
B
pooling of members' resources for long-term investment
C
disseminating information to members on matters relating to tariffs
D
ensuring uniformity in labour matters and industrial relations
Explanation

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Correct option: D
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Question 30
A
homogeneity
B
easy portability
C
divisibility
D
relative scarcity
Explanation

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Correct option: D

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