Question 1 of 20 95 total questions
The members of ECOWAS include?
A Nigeria, Chad, Gabon and Cape Verde
B Burkina Faso, Nigeria and Ghana, Algeria
C Guinea, Mali, Cameroun and Nigeria
D Togo, Niger, Nigeria and Ghana
The most important advantage of privatization is the enhancement of?
A liquidity
B accountantability
C profitability
D efficiency
When one person approves an act previously done by another in the former's name without authority, this is known as?
A ratification
B estoppel
C illegality
D misrepresentation
Safeguarding the health of the nation' is the slogan used by?
A NDLEA
B NHIS
C NAFDAC
D EPL
In Nigeria, the main source of pollution is?
A domestic waste
B oganic waste
C gas flaring
D industral waste
The headquarters of the lake Chad Basin Commission is in?
A Niamey
B N'Djamena
C Abuja
D Lagos
A protection right which can be reviewed or renewed after seven years is known as?
A patent
B design
C registration name
D trade mark
A feature common to privatization and commercialization is?
A profit-making
B credit sales
C market expansion
D price increases
The safety and quality of products are the social responsibility of?
A the Standards Organization of Nigeria
B the Manufacturers' Association of Nigeria
C the Corporate Affairs Commission
D business organizations
A liquidator's fee is to be charged to the?
A realization account
B trading account
C revaluation account
D reconstruction account
Materials used for further production of goods and services are known as?
A export goods
B intermediate goods
C capital goods
D consumer goods
The difference between a private and public limited liability company is that the former?
A is unable to offer shares to the public
B is unable to declare and pay dividend
C has a higher number of shareholders
D pays higher salaries to its managers
The development of commerce resulted from?
A trading
B competition
C importation
D specialization
i. Wholesaler
A iii, ii, i and iv
B iii, i, iv and ii
C i, ii, iii and iv
D ii, iii, i and iv
Capital to a business is technically?
A an expense
B availiability of local market
C an assets
D a porfit
The factor which critically determines the choice of occupation is?
A training
B skill
C interest
D apititude
The conversion of raw materials into finished products creates?
A form utility
B marginal utility
C place utility
D time utility
A current account is beneficial to its holder as?
A cheques can be issued to anybody
B customers cannot withdraw frequently
C it is only the holder that can make withdrawals
D it allows customers the use of passbooks
A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?
A subsidiary company
B holding company
C trusth
D cartel
Trading on the stock exchange in anticipation of price change in the market value of shares is?
A speculation
B forecasting
C expectation
D projection
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