Question 1 of 20 160 total questions
A share ducted “Cum div”, means that the dividend for the current year will be paid to the
A buyer of the shares
B broker of the shares
C jobber of the shares
D seller of the shares
E stock exchange authority
Organizational chart is a diagram showing the
A flow of authority and responsibilities in a organization
B offices of both subordinates and officials
C organization of staff in an organization
D positions of workers in an organization
E span of management control
The act of bringing a privately owned business under exclusive state ownership and control is referred to as
A commercialization
B indigenization
C nationalization
D privatization
E rationalization
Who takes the initial step to form a company prior to its incorporation?
A Company secretary
B Managing director
C Promoter
D Registrar of company
E shareholder
A document which can be used for both internal and external trade is
A bill of exchange
B GIRO
C I.O.U
D portal orders
E promising note.
Which of the following does not relate to foreign trade?
A Certificate of origin
B Chartered party
C Dumping
D Export duties
E Export license
Commerce refers to
A buying and selling of goods at home
B buying and selling of goods and services at home
C importation and exportation of goods
D importation and exportation of goods and services
E trade and all of services which assist trade
The coming together of two or more companies to form one big viable company is known as
A association
B cartel
C joining
D merging
E trust
Which of the following gives Nigerian’s the opportunity to take active part in industry and commerce?
A Commercialization
B Consumerism
C Indigenization
D Nationalization
E Privatization
Sea transport is unsuitable for the movement of
A antiquities
B coal
C fertilizer
D planks
E vegetables
Any member of the public who wants to buy shares in the stock market will first of all meet a/an
A agent
B broker
C jobber
D seller
E share holder
A discount that is given to middlemen in order to make good profit is called .......... discount.
A cash
B fixed
C quant
D seasonal
E trade
All the following are members of small-scale retailing EXCEPT
A chain stores
B itinerant trade
C kiosks
D mobile shops
E stall holders
The second tier security market is an example of
A capital market
B commodity market
C factor market
D labour market
E money market
Shareholder receive......
A interest
B dividends
C commission
D allowances
E none of the above
The 4C’s of credit are
A consumer, collateral, company and cost
B collateral, capital, company and cost
C collate capital, character and capacity
D character, cost, capital and capacity
E capital, capacity, consumer and character
The changing of the original form of an object to a form that can give satisfaction to a want is known as
A commerce
B construction
C consumption
D occupation
E production
The word “close-up” as used in toothpaste is a
A brand name
B Company’s name
C Company’s logo
D Patent right
E Symbol
The branches of Commerce include all the following EXCEPT
A advertising
B barbing
C trade
D transport
E warehousing
The government regulates business activities through the following measures EXCEPT
A copy right
B patents
C registration
D trade marks
E inspection
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