In product pricing, which of these elements need more consideration than others?

• A. The cost of producing the product
• B. The economic conditions in the market
• C. the demography of the buyers of the product
• D. The demand for the product

Which of the following regulates and controls the activities of the Nigerian Stock Exchange?

• A. The Nigerian Capital Market Association
• B. The Securities and Exchange Commmission
• C. The Nigerian Deposit Insurance Commission
• D. The Nigerian Reinsurance Corporation

Entrepot Trade refers to?

• A. importing for domestic consumption
• B. importing for industrial use
• C. importing for government concerns
• D. import for re-port

Which of the following is a characteristic of a bearer cheque

• A. it is made with transverse lines
• B. it is made payable to whoever presents it
• C. it is made without transverse lines
• D. it is only payable into the payees account

Which of the following requires services of middlemen?

• A. Technical goods
• B. Expensive goods
• C. Convenience goods
• D. Perishable goods

Manufacturers sell directly to consumers when they

• A. want to make profit
• B. wish to eliminate all transport costs
• C. live far away from them
• D. deal in perishable goods

Okeze contracted to sell TV sets to Ojo. Unknown to them, the sets were stolen in transit. This contract may be terminated on the ground of

• A. bankruptcy
• B. frustration
• C. fraudulence
• D. breach of contract

When a business enterprise provides free service to its environment, the service is said to be a

• A. civic responsibility
• B. philanthropic consideration
• C. social responsibility
• D. political consideration

Loan schemes by thrift societies are?

• A. mortage schemes
• B. conventional schemes
• C. mutual schemes
• D. unconventional schemes

Which of the following receives dividend based on patronage?

• A. Preference shareholder
• B. Co-operative society member
• C. Cumulative preference shareholder
• D. Debenture holder