(a) Write in full the following abbreviations as used in commerce:(i) COD (ii) CIF (iii) FOB; (iv) E and O.E. (b) The sale of consumer goods costing N 100,000 attracts a cash discount of 7½% and a quantity discount of 5%…
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2015
(a) State five reasons for governments participation in business(b) Explain five problems encountered by government businesses.
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2015
(a) What is a contract? (b) List and explain four ways by which a contract can be discharged.
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2015
(a) Explain five reasons for which manufacturers advertise their products.(b) State five reasons for the continued criticism of advertising.
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2015
(a) State five reasons for the presence of the customs and excise authority at seaports. (b) Explain five functions of airport authority
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2015
(a) Outline five functions of commercial banks.(b) List and explain five ways the central bank controls the commercial banks.
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2015
(a) What is a vending machine? (b) State six reasons why supermarkets are popular with shoppers.
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2015
(a) With the aid of a diagram, show the different classes of occupation.(b) What is occupation?(c) Explain with one example each, three classes of occupation shown in 1 (b) above.
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2015
Write explanatory notes on each of the following terms as used in insurance:(a) Subrogation;(b) Proximate cause;(c) Barratry;
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2015
Which of the following aids to trade is used to stimulate demand for goods?
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2015
The type of wholesaler that combines selling, delivery and collection in one operation is
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2015
Which of the following is NOT backed by gold but by government securites?
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2015
The minimum lending rate of a bank is a component of its
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2015
The fee paid for transporting goods by ship is
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2015
Which of the following is a document of title of goods
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2015
Which of the following is a reason for failure of public corporations
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2015
A tax charged in proportion to the value of imported goods is?
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2015
Which of the following is a disadvantage of retailing
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2015
A private limited liability company differs from a public limited liability because it
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2015
The study to discover consumers' preference and needs is called