Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is a feature of Co-operative Societies?
Each member has several votes during meetings
Profits are shared on the basis of shares held
All members have equal votes during meetings
Members are not involved in running the business
The welfare of members is not taken into consideration
Correct answer is C
No explanation has been provided for this answer.
Articles of Association and Certificate of Incorporation
Memorandum of Association and Certificate of Incorporation
Articles of Association and Memorandum of Association
Memorandum of association and Prospectus
Certificate of Incorporation and Prospectus
Correct answer is C
No explanation has been provided for this answer.
Sales promotion
Market research
Personal selling
After-sales service
Physical distribution
Correct answer is B
No explanation has been provided for this answer.
The Act designed to reserve certain businesses exclusively for Nigerians is known as the?
Sale of Goods Act
Weights and Measures Act
Nigerian Enterprises Promotion Act
Standards Organization of Nigeria Act
Trade Marks Act
Correct answer is C
No explanation has been provided for this answer.
The state of scientific knowledge and production process obtainable in a country is part of the?
economic environment of business
political environment of business
legal environment of business
techonolgical environment of business
cultrual environment of business
Correct answer is D
No explanation has been provided for this answer.