Commerce Past Questions And Answers
The law governing the operations of companies and partnership in Nigeria is the
- A. Nigerian Companies Decree
- B. Nigerian Partnership Act
- C. Nigerian Enterprises Promotion Decree
- D. Companies And Allied Matters Decree
Which of the following is the quickest and most accurate means id communication?
- A. Telegram
- B. Express mail
- C. Courier service
- D. Telex
A label on a product such as Three Crown Milk is a form of?
- A. patent right
- B. branding
- C. copy right
- D. packaging
Which of the following is an advantage of indigenization?
- A. Checks exploitation by citizens
- B. Business risk are shared
- C. Fosters self-reliance
- D. Leads to monopoly of power
The arrangement for the conveyance of goods abroad is performed by the
- A. customs and excise authority
- B. ports authority
- C. clearing and forwarding agents
- D. chamber of commerce
(a) State four factors that would determine the choice of transport by a businessman.
(b) State four advantages of transport over rail transport
View Discussion (0)WAEC 2001 THEORYA private company's ability to raise capital is limited because
- A. its borrowing powers are limited
- B. membership does not exceed 50
- C. shares cannot be made public
- D. of limited collateral security
Which of the following documents is used when goods are sent on approval?
- A. Catalogue
- B. Delivery note
- C. Receipt
- D. Pro forma invoice
Resources commited into the production of relatively few commodities is known as
- A. Production
- B. Specialization
- C. Creation manufacturing
- D. Manufacturing
Which of the following is not a financial institution?
- A. Commodity Board
- B. Insurnace company
- C. Clearing house
- D. stock exchange