Commerce Past Questions And Answers
2791
A specially designed container to convey crude oil or liquid from another location to another is a?
- A. launche
- B. tanker
- C. ferry
- D. coaster
2792
The speculator who applies for a new issue of shares without the intention of keeping them is
- A. bull
- B. stag
- C. bear
- D. jobber
2793
A shop that sells only products of a particular manufacturer is known as
- A. mobile shop
- B. unit shop
- C. tied shop
- D. small shop
2794
Dealers in stock exchange such as bulls, bears and stags are categorized as
- A. actuaries
- B. promoters
- C. speculators
- D. underwriter
2795
A retailer's mark-up is his
- A. total cost less total sales
- B. total sales less total returns
- C. gross profit less expenses
- D. selling price less cost price
2796
A broker is an agent who links a potential investor with?
- A. a shareholder who wants to register a company
- B. other members of the exchange who want to trade
- C. governement official on the exchange
- D. a quoted company
2797
The use of coin - operated machines to sell goods is a form of
- A) Personal selling
- B) Retailing
- C) Wholesaling
- D) Mail - order selling
2798
In Nigeria, the ministry in charge of registering trade association is that of
- A. Culture and tourism
- B. Finance
- C. Industries
- D. Commerce
2799
The management function that makes the difference in intensity of behavior is
- A. controlling
- B. motivation
- C. coordinating
- D. planning
2800
The document which gives legal authority to a company to operate as a legal entity is
- A. Memorandum of Association
- B. Article of Association
- C. Share Certificate
- D. Certificate of Incorporation