Commerce Past Questions And Answers
621
Freight note is a document
- A) used by government to transport goods from one country to another
- B) issued by a shipping company giving details of charges
- C) used for payment for imported goods
- D) given by an importer to pay for goods at a future period
622
One of the facilities enjoyed by a current account holder is?
- A. a dividend
- B. a bonus
- C. an overdraft
- D. interest on deposits
623
An overdraft is
- A. amount permitted to be withdrawn in excess of one's deposit
- B. excessive cash withdrawn by commercial banks from the Central Bank
- C. credit balance standing in the name of a customer
- D. special deposits made by commercial banks
624
The three main classification of occupation are?
- A. construction, trade and services
- B. manufacturing, industry and services
- C. farming, banking and trading
- D. industry, commerce and services
625
The breaking down of a market into separate and identifiable elements each with its own special product requirement is known as market
- A. differentiation
- B. segmentation
- C. penetration
- D. identification
626
The major participants in the stock market when stock prices are rising generally are the
- A) bulls
- B) registers
- C) bears
- D) companies
627
Which of the following features is common to all retailers
- A. Operating as sole-proprietors
- B. Selling to the final consumers
- C. Operating with small capital
- D. Selling on hire purchase to consumers
628
A customer with ABC Plc sent money through his account to his sister's account in another branch. This Is an example of
- A. e-business
- B. e-commerce
- C. e-banking
- D. e-finance
629
One of the determinants of choice of occupation is ______
- A. level of exposure
- B. resources control
- C. government policies
- D. peer group
630
The fear of many communities concerning tourism development is the?
- A. influence of foreign culture
- B. fear of disease transmission
- C. fear of pollution
- D. religious intolerance

