OAU Post UTME Commerce Past Questions

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Which of the following is the main purpose of a third party insurance?

Which of the following service is rendered by the Central Bank?

Which of the following makes sales possible without a sales attendant?

A business becomes a separate legal entity after it has

Which member-owned business unit is defined by democratic control, normally one member, one vote, with surplus used for members' benefit or shared reserves?

In international trade, the direct exchange of goods for goods is

The refund of a duty which had been paid on imported goods that are later re-exported is known as

If a country wishes to discourage imports, it

Which of the following businesses must have at least one member with unlimited liability?

The major determinant of fire insurance premium is the

A government sells its water-supply business to a private company. The company will be the only licensed supplier in the town, and no competing supplier may enter the market.Which concern about the number of suppliers fo…

The business environment that takes into account the age distribution, ethnic mix and educational level of the consumer is

Which listed advantage of a credit and thrift cooperative directly concerns members building a habit through regular personal savings, rather than group governance or possible outside funding?

Which listed admission requirement for Nigeria's former Second-Tier Securities Market concerns a company's trading history? Use the rules described in the World Bank's May 2000 review.

The most important advantage of privatization is the enhancement of

The instrument of credit include

When an organization studies a market that is underserved by other and creates a product or services for the segment it is engaged in

When an Order Cheque is endorsed it becomes a

Under the UK Bills of Exchange Act 1882, when a transferable order cheque is endorsed in blank, meaning no next payee is named, it becomes payable as a

Which of the following can quote its shares on the stock exchange?

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