Who among the following generally has no capacity to enter into a valid contract

• A. School principals
• B. Infants
• C. Agents
• D. Religious ministers

Which of the following services does a lawyer render?

• A. industrial services
• B. indirect services
• C. direct services
• D. commercial services

An organization that could strive for improvement in electricity and telephone services to users is

• A. a trade association
• B. a manufacturers' association
• C. a manufacturers' association
• D. a consumers'association

Which of the following is a disadvantage of canal transport? it is

• A. narrow and cannot support big vessels
• B. not suitable for small ferriers
• C. often for short journey
• D. suitable for carrying only goods

What are the factors with which commercial undertaking can be distinguish? I Size of the undertaking II Profits generated III Forms of ownership IV Location of the undertaking

• A. I and II only
• B. I and III only
• C. II and III only
• D. III and IV only

Exchange is facilitated by

• A. taxation
• B. quotas
• C. specialization
• D. good supervision

A characteristics of money which ensures that its value is not lost is?

• A. homogeneity
• B. easy portability
• C. divisibility
• D. relative scarcity

Advertisement which is geared towards a particular audience is

• A. direct advertising
• B. indirect advertising
• C. mass advertising
• D. persuasive advertising

Which of the following is not a negotiable instrument?

• A. Invoice
• B. Money order
• C. Cheque
• D. Promissory note

Who among the following has no right of ownership to a business organization?

• A) shareholder
• B) entrepreneur
• C) partner
• D) debenture holder