post-utme
2013
commerce
Q1. The process of transferring data from one computer to another is referred to as
Adown loading
Bfaxing
Cbrowsing
Ddecoding
Generating AI explanation...
post-utme
2013
commerce
Q2. Calculate the total liabilities.
A40,000
B50,000
C55,000
D57,000
Generating AI explanation...
post-utme
2013
commerce
Q3. The role of customs and excise authority includes the
Aprovision of a good transport system to facilitate imports and exports
Bprovision of security at the port
Ccontrol of the flow of goods in and out of the country
Dprovision of dockyards for ship repairs
Generating AI explanation...
post-utme
2013
commerce
Q4. Trading position of Nigeria is the same as her
Adesire to trade with many countries
Bwillingness to grant credit to foreigners
Cbalance of trade
Dterms of trade
Generating AI explanation...
post-utme
2013
commerce
Q5. One of the problems associated with home trade is the
Aabsence of currency exchange
Bbetter knowledge of the markets
Cinadequacy of storage facilities
Dproximity of buyers and sellers
Generating AI explanation...
post-utme
2013
commerce
Q6. A business partner who provides capital but abstains from participation in administration of a firm is a
Ageneral partner
Bnominal partner
Csecret partner
Ddormant partner
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post-utme
2013
commerce
Q7. The document lodged with the customs authorities before a ship can leave the port is a
Ashipping note
Bship report
Cship manifest
Ddock warrant
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post-utme
2013
commerce
Q8. A lawyer that defrauds his client may be derobed by the Nigerian Bar Association in order to
Aprotect other lawyers
Bprotect the integrity of the association
Ccompensate the affected client
Dprevent the client from sueing the association
Generating AI explanation...
post-utme
2013
commerce
Q9. Which of the following is NOT a reason for government’s ownership of Nigerian Ports Authority (NPA)?
AAvoiding wasteful competition and duplication
BGenerating revenue
CHigh capital requirement
DMaking profit
Generating AI explanation...
post-utme
2013
commerce
Q10. Which of the following documents contains the name of the company, registration number and signature of the registrar?
AArticles of association
BCertificate of incorporation
CCertificate of trading
DMemorandum of association
Generating AI explanation...
post-utme
2013
commerce
Q11. The type of labour that makes use of physical effort in production processes is the
Aunskilled labour
Bskilled labour
Cblue-collar job
Dwhite-collar job
Generating AI explanation...
post-utme
2013
commerce
Q12. To meet security requirement before gaining access to data, a computer operator supplies
Aan e-mail address
Ba yahoo address
Ca password
Da modem
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post-utme
2013
commerce
Q13. If Mr. N takes a fire insurance policy with average clause, his compensation will be
AN5, 000
BN7, 500
CN70, 000
DN75,000
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post-utme
2013
commerce
Q14. Which of the following is NOT a means of payment through the post office?
AGiro system
BMoney order
CPostage stamp
DStanding order
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post-utme
2013
commerce
Q15. The most reliable and efficient means of conveying urgent documents is through
Apostal order
Bordinary letters
Cregistered letters
Dcourier services
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post-utme
2013
commerce
Q16. Trade Fairs in Nigeria are organized by
Athe Federal Government
BManufactures’ Association of Nigeria
CMinistry of Commerce and industry
DChambers of commerce
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post-utme
2013
commerce
Q17. Which of the following is NOT an attribute of an effective business manager?
AAltruism
BEmpathy
CObjectivity
DSubjectivity
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post-utme
2013
commerce
Q18. The right of retain possession of goods until the contract price is paid is referred to as
Aa promise
Bultra vires
Ca branch
Da lien
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post-utme
2013
commerce
Q19. Which of the following is a quality of money?
AAvailability
BScarcity
CIndivisibility
DConvertibility
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post-utme
2013
commerce
Q20. Products that have stayed long on themselves in a shop can be sold easily through
Abranding
Bdiscounting
Cdoorstep selling
Dfranchising
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post-utme
2013
commerce
Q21. The development of a container and a graphic design for a product is known as
Aadvertising
Bbranding
Cpackaging
Dtrade mark
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post-utme
2013
commerce
Q22. Which of the following towns was NOT an initial commercial centre in Nigeria?
AKano
BLagos
CMaiduguri
DYola
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post-utme
2013
commerce
Q23. Obtaining feedback on the quality and performance of competing products of different manufacturers, explains the retailer’s function of
Aafter sales service
Bgranting to credits to consumers
Cmarket research
Dstocking variety of goods
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post-utme
2013
commerce
Q24. The two main forms of communication are
Aoral and written
Bverbal and non-verbal
Ce-mail and fax
Dtraditional and modern media
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post-utme
2013
commerce
Q25. Ensuring free movement of factors of production among member states through the removal of obstacles is one of the objectives of
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