OAU Post UTME Commerce Past Questions

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The person who calculates premium, sums assured and surrenders value in insurance contract is called

Which of the following is not a reward for labour

The ship that is used as a sea taxi is called

The main feature of a supermarket is the sale of

“Caveat emptor" as a commercial legal word means

The nominal value of a share as specified in the memorandum of association and the share certificate is the

Goods imported to a country for the purpose of re-exporting attracts a rebate known as

The practice by which an insurance company accepts a very large risk and later shares it with other insurance companies is called

Excise duties are paid on goods that are

A term for temporarily stopping the trading of a share is

Rights issue means the

When a company was more of loans than equity to finance its business, the company is said to be

In Nigeria’s company-law distinction, during a members’ voluntary liquidation, which group appoints the liquidator at the company’s general meeting?

The main advantage of a sole trader is its freedom to

Profit expressed as a percentage of the selling price of goods is called

A close indent is an instruction to an agent to

Stevedores as a term in foreign trade means men who

In export factoring, the factor purchases the unpaid foreign-sales invoices owned by the seller. Which trade role does that seller have?

A public limited company can raise long term loans through

Which investment usually pays a dividend that can vary with company results, rather than a preset fixed interest or dividend rate?

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