Commerce Past Questions

First Bank of Nigeria is an example of

Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos

Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm × 18cm exercise books.

Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.

Yours Faithfully
Manager.

From the question above, the document the firm or organization will send to the buyer is

Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos

Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm × 18cm exercise books.

Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.

Yours Faithfully
Manager.

The above represents?

A bear market is said to be in existence in a period of

The difference between the buying price and the selling price of a share is referred to as

All but one is not a barriers to foreign trade

Which of these is a document used in International trade?

The difference between a chamber of commerce and a trade association is that the former

A number of shipping lines operating on a certain route, which agree on a common policy regarding the conditions under which goods are to be carried

The provision of qualified managerial and other skilled personnel for an enterprise is called

The function of management that establish objectives for the organization and trying to determine the best ways to accomplish them

Which of these is not a merit of division of labour

All activities that contribute towards making goods and services available to the people are

Any information about a manufacturer or his product that appears in any medium on a non-paid basis is known as

The communication aspect of the marketing mix is

A document that embody the conditions and exceptions attached to the contract is

You have just bought a new car. What Insurance policy will you take to cover it?

A memory that can be read and write and is volatile is known as

Computer that process data in the form of values is