Commerce Questions and Answers

The maximum number of shareholders in a public liability company is?

Who is the offeree in this contract ?

Use the information below to answer question 309 and 310.
Musa rented a room to adamu for N1,500 and N1,000 part-payment was made. Adamu brought Audu and Jacob his friends to stay in the room.
The two friends later paid balance of N500 to Musa.

Who are the parties to the contract of renting the room?

Which of these companies offers after-sales services?

Use the information below to answer 307 and 308.

Companies i, ii, iii and iv produce and sell electronic videos.

Company i, sells video for N14,000 each and offers advice on how to fix and operate them .

Company ii, sells at N14,000 and its representatives go to install at no additional cost.

Company iii, sells at N15,500 and offers credit sales at N15,000 each.



Which of these companies are more engaged in public activities?