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The management and control of co-operative societies are in the hands of the
Acontributors
BBoard of Directors
CCommittee
DFinancial controller
ERegistrar
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Question 1682
waec1998
On which of the following grounds may a company be compulsorily wound up?
Athe company is making abnormal profits
Bit did not declare dividends every year
Cits products compete with that of a government company
Dit fails to commence business within a year of its incorporation
Eit fails to make profit within a year of its incorporation
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Question 1683
waec1998
Who among the following is not engaged in a commercial occupation
Aa stock brocker
Ban engineer
Ca banker
Da common carrier
Ean advertising agent
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Question 1684
waec1998
The two main branches of trade are
Acommerce and aids to trade
Bhome and foreign trade
Cforeign and entreport trade
Dwhole sale and retail trade
Evisible and invisible trade
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Question 1685
waec1998
Commerce is concerned mainly with the
Aproduction of goods and services
Bdistribution of goods and services
Cconsumption of goods and services
Dstoring of goods
Eadvertising of goods
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Question 1686
waec1998
The two main branches of trade are?
Acommerce and aids to trade
Bhome and foreign trade
Cforeign and entrepot trade
Dwholesale and retail trade
Evisible and invisible trade
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Question 1687
waec1998
Commerce is concerned mainly with the?
Aproduction of goods and services
Bdistribution of goods and services
Cconsumption of goods and services
Dstoring of goods
Eadvertising of goods and services
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Question 1688
jamb1998
Nigerian Postal Services (NIPOST) facilitates commerce in all the following ways except through
Acash on delivery service
Brecorded delivery service
Cexpress service
Dfree on board service
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Question 1689
jamb1998
Emeka ordered goods for his retail shop. The manufacturer sells the goods at retail price of N 500 but would give it to Emeka at N 400. What kind of discount did he get?
ACash discount
BTrade discount
CQuantity discount
DSeasonal discount.
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Question 1690
jamb1998
In a common market, member countries agree basically to
Aplace bans on the other countries’ product
Bwage war against other countries’ product
Cestablish common barriers against countries outside the market
Dnegotiate with countries outside the market for favourable terms of trade .
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Question 1691
jamb1998
The reduction of import duties among the members countries of ECOWAS is an example of
Apreference duties
Bpreferential treatment
Cpreferential tariff
Dpreferential excise
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Question 1692
jamb1998
Inventory control is an aspect of a
Aoperations research
Bmaterials management
CC the organizing function
DD span of control
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Question 1693
jamb1998
When a business enterprise provides free service to its environment, the service is said to be a
Acivic responsibility
Bphilanthropic consideration
Csocial responsibility
Dpolitical consideration
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Question 1694
jamb1998
Which of the following sequences can best fit into the structure above?
APeople control ideals
BMaterial production ideas
CFinance marketing production
DMaterial production product
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Question 1695
jamb1998
Under normal circumstances, a business enterprise can be ideally structured
Aby product, function or territories
Baround the personalities in the enterprise
Con the ruling of the management
Don the basis of an order from stockholders
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Question 1696
jamb1998
Management is described as
Agetting things done through people
Bimplementing of business decision
Cthe numbers of levels in an organization
Dthe people in authority in an organization
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Question 1697
jamb1998
The main function of thrift, credit and loans co-operative societies is to
Aeducate their members
Bcollect money from their members
Cdisburse money to their members
Draise investment finance among thir members
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Question 1698
jamb1998
The Continental West African Conference is a
Agroup of all West African countries trading in the same products
Bconference to foster unity among the West African countries
Cgorups of shipping lines operating on the same West African route
Dtrust with shareholders fromall West African countries
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Question 1699
jamb1998
The body that organizes, promotes and participates in local and foreign trade fairs is the
AMinistry of Commerce and Tourism
BMinistry of finance
CChambers of Commerce
DExport Promotion Council
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Question 1700
jamb1998
An example of a consumer protection agency is the?
