Correct Answer: A. mason

Explanation

A construction worker is a tradesperson, laborer, or professional employed in the physical construction of the built environment and its infrastructure.Among the most common construction trades are those of carpenter, electrician, heavy equipment operator, ironworker, laborer, mason, plasterer, plumber, pipefitter, sheet metal worker, steel fixer (also known as a rodbuster), and welder. Mason is a person skilled in cutting, dressing, and laying stone in buildings

Correct Answer: C. pipeline

Correct Answer: C) Right issue

Explanation

The correct answer is Option C: Right issue.

A right issue is when a company offers new shares to its existing shareholders. This means that the shareholders have the right to buy these new shares before they are offered to the general public. The purpose of a right issue is usually to raise additional funds for the company or to give existing shareholders the opportunity to increase their ownership in the company.

In contrast, a public issue is when a company offers its shares to the general public for the first time. An offer for sale is when existing shareholders sell their shares to the public. A bonus issue is when a company issues additional shares to its existing shareholders for free.

So, in this question, the correct answer is Option C: Right issue, which refers to the selling of new shares to existing shareholders.

Explanation

(a) Functions of NIPOST are:

(i) Proper handling of all postal items without any breach of trust.

(ii) NIPOST ensures that all postal items reach their destinations intact and in time within and outside the country.

(iii) NIPOST provides post office box and private mail bag services to the public; letters belonging to individuals and organizations are sorted out and kept for them in exclusive boxes and bags.

(iv) Telegram services which is a means of sending urgent written messages are provided.

(v) NIPOST sends people's mail by air through airplanes.

(vi) NIPOST provides post restante services to tourist.

(b) NITEL performs the following functions:

(i) NITEL helps with telephone services.

(ii) The public can send their telegrams through NITEL.

(iii) NITEL provides maritime mobile services needed for emergency cases.

(iv) Printed messages may be sent through telex facilities from one country to another.

(v) Live telecast services is provided by NITEL, e.g. football match.

(vi) Provides fax services.

Explanation

(i)Marketing concept;indicates that the satisfaction of customers' needs and wishes constitute the main reason for existence and survival of a business. A company adopts the marketing concept when all its efforts are directed wards the identification of what customers want and how best to meet the demands.

(ii)Marketing Mix;is the combination of variables offered to the market at a particular time. Such variables can be in the form of product, place, price and promotion (the 4Ps of marketing)

(iii)Market segmentation; is the division of a market into identifiable sub-markets for the purpose of reaching target customers with the most appropriate marketing mix. It enables the seller to ake the appropriate set of products mix, product quality, price, advertisement and sales promotion to reach various categories of customers.

(iv) Product differentiation; is the practice of offering a company's product in unique colours, different brands and packaging, all in the attempt to make the company's product look different from similar products bred by other companies.

Correct Answer: A. the difference between gross profit and trade expenses

Correct Answer: D) Coordinate the activities of all the seaports in the country

Explanation

The Nigerian Port Authority has a basic function, which is to coordinate the activities of all the seaports in the country. This means that they are responsible for managing and overseeing the operations of the seaports, ensuring that everything runs smoothly and efficiently. They make sure that all the different activities and processes involved in the movement of goods and services into and out of the country are properly coordinated and regulated. This includes activities such as loading and unloading of ships, customs clearance, and ensuring the safety and security of the ports. The Nigerian Port Authority plays a crucial role in facilitating trade and ensuring that goods and services can flow in and out of the country effectively. Therefore, the correct option is Option D: Coordinate the activities of all the seaports in the country.

Correct Answer: B. cashier's signature

Correct Answer: C. drawee and the drawer

Explanation

(a) Consumers need to be protected because of the following reasons:

(i) Misleading advertisements

(ii) Incorrect weights and measures

(iii) Creation of artificial shortages through hoarding so as to make huge profits. (Exploitation)

(iv) Consumer need to be educated on hire purchase laws and other such laws

(v) Poor quality/sub-stands finished goods turned out as a result of inferior quality raw materials used in bringing about production.

(vi) The sale of expired or harmful food items / drugs prepared under unhygienic conditions.

(vii) If instructions or directions of use are not given, consumers can make wrong use of manufactured items and suffer injuries /losses in the end e.g tap, electrical items etc.

(b) Consumers can be protected through the following means

(i) Formation of consumer associations to test whether items are of good quality or not and to make recommendations.

(ii) There should be enactment of foods and drugs Act to see to it that all consumable items have expiry dates. Regular inspection of manufacturing places should be carried out to ensure that items are produced under hygienic conditions

(iii) Price control measures should be put in place to curb any arbitrary price increases.

(iv) Formation of Standard Board or Quality Control Board to test the quality of every item before allowing its introduction to the market.

(v) There should also be an efficient hire Purchase Act to prevent repossession after payment of the purchase price.

(vi) Advertising organization/board should be set up to censor all adverts before being shown on the screens.

(vii) Rent Edict/Relict Tribune should be on their toes to ensure that tenants are not cheated. There should also be sales of goods Act to ensure that quality goods are sold to consumers.

(viii)There should be weight and measures Act to ensure that goods are sold at the right quantity, as well as trade description Act to ensure correct labelling of the goods.