Past Questions And Answers
The process that leads to an agreement on the condition of service between employer and employee is termed
- A. Salary negotiation
- B. Arbitration
- C. Collective bargaining
- D. Conciliation
Which of the following was not established by the 1979 Nigerian constitution ?
- A. Police Service Commission
- B. National Universities Commission
- C. Federal Electoral Commission
- D. National Population Commission
The reward for an entrepreneur is_____
- A. Wage
- B. Profit
- C. Salary
- D. Commision
Given that a = 5i + 4j and b = 3i + 7j, evaluate (3a - 8b).
- A. 9i + 44j
- B. -9i + 44j
- C. -9i - 44j
- D. 9i - 44j
A person who in consideration for an extra commission takes responsibility for goods sold on credit and in case of default is a
- A. commission agent
- B. factor
- C. broker
- D. del credere agent
Those bitten by the fiery serpent were treated by
- A) Drinking from the Red sea
- B) Fasting for seven day
- C) Looking at the bronze serpent
- D) Call upon the Lord
After each of the following sentences, a list of possible interpretations of the sentence is given. Choose the interpretation that you consider most appropriate for each sentence.
The proscription of the students' union was to nip the planned demonstration in the bud. This means that the proscription was meant to
- A. keep the students on the alert
- B. prevent the proposed demonstration
- C. disorganize the students
- D. punish the students
The law of demand states that:
- A) demand is directly related to price of a commodity
- B) higher the price of a commodity leads to lower quantity demanded
- C) the price of a commodity is directly proportional to the amount supplied
- D) None of the above
The merger of two companies producing same type of produce is an example of
- A) Vertical integration
- B) Horizontal integration
- C) Internal merger
- D) An acquisition
Which of the following carried Judah into captivity?
- A) Pharaoh Neco of Egypt
- B) Goliath of Philistia
- C) Assyrians
- D) Nebuchadnezzar of Babylon.

