Correct Answer: D. differences in currency

Correct Answer: A. transportation

Correct Answer: A) absence of a deed of partnership

Explanation

A partnership is a type of business structure where two or more individuals come together to run a business and share the profits and losses. Dissolution refers to the ending or termination of a partnership.

Let's look at the options:

Option A: absence of a deed of partnership (Correct)

A deed of partnership is a legal document that outlines the terms and conditions of the partnership. While it is important to have a deed of partnership to establish the partnership, the absence of a deed does not automatically lead to the dissolution of the partnership. However, it is always recommended to have a written agreement to avoid misunderstandings.

Option B: withdrawal of a partner

If a partner decides to leave the partnership, it can lead to the dissolution of the partnership. When a partner withdraws, the remaining partners may need to reevaluate the partnership and decide whether to continue or dissolve it.

Option C: incapacity of any of the partners

If one of the partners becomes unable to contribute to the partnership due to incapacity, it can lead to the dissolution of the partnership. Incapacity refers to a partner being unable to fulfill their duties and responsibilities.

Option D: completion of contractual term

If the partnership agreement specifies a fixed term or duration, the partnership may dissolve when that term is completed. This means that the partners have agreed to run the business together for a specific period of time, and once that time is up, the partnership is dissolved.

Based on the options given, the correct answer is Option A: absence of a deed of partnership. While it is important to have a deed of partnership, the absence of one does not automatically lead to the dissolution of the partnership.

Remember, it is always important to consult legal professionals and refer to the relevant laws and regulations when dealing with partnership agreements and dissolution.

Explanation

(a)Importance of Personal Selling:

(i) It is used to sell custom made or expensive/technical goods that need demonstration

(ii) It is a public relations tool that can be used to improve the firms' image.

(iii) It makes for two way communication which makes it possible for feedback.

(iv) It is also used to introduce new products instead of embarking on intensive advertisement.

(v) It is a form of promotion which encourages on the spot purchase by buyers.

(vi) It helps the business to eliminate middle men and as a result stabilize price and avoid adulteration.

(vii) It helps salesmen to tailor their sales presentation to fit the needs and behaviour of individual customers.

(viii) It helps to arouse customers interest in the old products of the firm

(ix). It increases the sales volume of the firm.

(b) Importance of Communication to business:

(i) Goods and services are made known to potential buyers through communication.

(ii) Communication facilitates contact between buyers and sellers irrespective of distance.

(iii) Demand for goods can be stimulated through effective communication.

(iv) Information of government policies get to the business man through communication.

(v) It facilitates mail order business and courier services.

(vi) It facilitate payments for goods and service through money transfer.

(vii) The whole world had been turn into a global village through the use of information and communication technology/international or foreign trade.

(viii) It facilitates intra and inter departmental communication in the running of business/Dissemination of information within the organisation.

(ix) Communication reduces risk and cost of traveling.

Correct Answer: D. Tanker

Explanation

(a) Personal selling: Is the face-to-face or person-to-person meeting of the seller with the buyer for the purpose of making a sale or with a potential buyer.

(b) Media available to an advertiser of goods and services:

(i)Television: The advert carried in this medium shows the products and their uses. It combines sight and sound.

(ii)Fairs and exhibitions:These involve producers coming together at one location to display their goods.

(iii)Newspapers and magazines:These refer to adverts carried in the print media. Colours are used for better effects.

(iv)Circulars/posters: These are hand bills, stickers and posters that are distributed to prospective customers.

(v)Bill boards/hoardings:These are used for outdoor display of colourful pictures of products being advertised with catchy slogans meant to attract the attention of passers-by.

(vi)Radio: This involves the use of jingles on local/national stations to advertise products and services. It is audio alone.

(vii) Neon sign: These involve the use of colourful lights to advertise products or services mostly at night.

(viii)Cinema: These involve the display of products on large screens during film shows

(ix)Catalogue: These involve the pictorial display of products with their prices, colours and sizes available in prints.

(x)Internet: These involve the display of products through web pages that are regularly visited by browsers or electronic mails to potential customers.

(xi)Banners: These are long pieces of cloth with advert messages written on them and mounted on road sides.

(xii)Loudspeaker/Ringing bell/Gong/Shouting: Loudspeaker is a piece of equipment that converts electrical signals into sounds used in public for advertising purposes.

Correct Answer: D. terms of trade

Correct Answer: C. ECOMOG

Correct Answer: B) Persuading

Explanation

In this question, you are asked to identify which of the given options is an advertising function. Let's go through the options:

Option A: Packaging

Packaging refers to the way a product is presented or wrapped. While packaging can play a role in attracting customers, it is not directly related to advertising. Therefore, option A is not the correct answer.

Option B: Persuading (Correct)

Persuading is indeed an advertising function. When businesses advertise, they aim to persuade potential customers to buy their products or services. This can be done through various means, such as using catchy slogans, appealing visuals, or highlighting the benefits of the product. Option B is the correct answer.

Option C: Grading

Grading refers to the process of categorizing or classifying products based on their quality or characteristics. While grading can be important for certain industries, it is not directly related to advertising. Therefore, option C is not the correct answer.

Option D: Segmenting

Segmenting refers to dividing the market into distinct groups based on certain characteristics, such as demographics or preferences. While market segmentation is an important aspect of marketing strategy, it is not specifically an advertising function. Therefore, option D is not the correct answer.

To summarize, the correct answer to this question is Option B: Persuading, as it is directly related to the advertising function.

Correct Answer: C. Food and Drug Department of the Federal Ministry of health