OOU Post UTME Commerce Past Questions

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A share is traded without giving the buyer the right to the next declared dividend. This dividend status is called

A major liability of a commercial bank arises from

The business organization in which shareholders have equal votes is

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

Motivation is an essential element in management because it

Freight note is a document

When an industry or company is nationalized, the state becomes

Which of the following gives the correct order in which the listed documents are used?

The breaking down of a market into separate and identifiable elements each with its own special product requirements is known as market

RRF as a scheme introduced by the Central Bank of Nigeria means

A public limited company can raise long-term loans through

The use of computers in modern banking industry is a reflection of

The nominal value of a share as specified in the Memorandum of Association and the share certificate is the

Which of the following makes other functions of business its appendages?

In the case of a voluntary liquidation of a business, the receiver is appointed by the

Which of the following is the most important business resource?

The merger of two companies producing the same type of products is an example of

For the establishment of a powerful consumers association in Nigeria to exist, there must be

What are the factors with which commercial undertakings can be distinguished?I. Size of the undertakings II. Profits generated III. Forms of ownership IV. Location of the undertakings

NACCIMA stands for

1 2 3

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