Answers Any activity that changes raw materials into consumer or industrial goods is Any activity that changes raw materials into consumer or industrial goods is A. Constructive B. assembling C. extractive… Read More
Answers Mr Ajai did not disclose that he stores drums of petrol when he took a… Mr Ajai did not disclose that he stores drums of petrol when he took a fire insurance policy.… Read More
Answers A bill of exchange is retired when it is A bill of exchange is retired when it is A. paid before maturity B. marked “accepted” C. discounted… Read More
Answers A picture which indicates that success in life can only be achieved through the use… A picture which indicates that success in life can only be achieved through the use of the product… Read More
Answers A contract of sale of goods where ownership passes to the buyer on the payment… A contract of sale of goods where ownership passes to the buyer on the payment of first installment… Read More
Answers Which of the following serves as a receipt for goods kept in a bonded warehouse? Which of the following serves as a receipt for goods kept in a bonded warehouse? A. Dock Warrant… Read More
Answers Which of the following have lien on goods in their possession until their commission is… Which of the following have lien on goods in their possession until their commission is paid? A. Brokers… Read More
Answers Bonded warehouses are controlled by Bonded warehouses are controlled by A. Export Promotion Council B. Ports Authority C. Customs and Excise Authority D.… Read More
Answers A hire purchase transaction becomes a sale when when the A hire purchase transaction becomes a sale when when the A. hirer accepts the hire purchase terms B.… Read More
Answers Which of the following is the most suitable channel of distribution for technical goods? Which of the following is the most suitable channel of distribution for technical goods? A. manufacturer-retailer-consumer B. manufacturer-wholesaler-retailer-consumer… Read More