Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,761.

One important requirement for the membership of the ECOWAS is?

A.

intergrity

B.

independence

C.

landmass

D.

population

Correct answer is B

No explanation has been provided for this answer.

2,762.

Consumer rights include the right to?

A.

credit

B.

free samples of a product

C.

redress

D.

a share of profits

Correct answer is C

No explanation has been provided for this answer.

2,763.

Business environment refers to all elements that are?

A.

outside an organization but relevant to its operations

B.

inside an organization but irrelevant to its operations

C.

internal to an organization and relevant to its operations

D.

external to an organization but indirectly related to its operations

Correct answer is D

No explanation has been provided for this answer.

2,764.

The members of the Niger Basin Commission include?

A.

Guinea, Ghana and Niger Republic

B.

Burkina Faso, Guinea and Nigeria

C.

The Gambia, Benin Republic and Chad

D.

Nigeria, Benin Republic and Chad Republic

E.

Nigeria, the Gambia and Cameroun

Correct answer is B

No explanation has been provided for this answer.

2,765.

The current highest decision-making body on privatization and commercialization of public enterprises in Nigeria is the?

A.

National Council on Privatization

B.

Securities and Exchange Commission

C.

Nigeria Investment Promotion Commission

D.

Bureau of Public ENterprises

Correct answer is D

No explanation has been provided for this answer.