Question 1In which of the following classes of occupation would you place medical practitioners A. direct service B. commercial C. extractive D. indirect service Objective Show full explanation
Question 2Which of the following is an agreement to transport goods but not a document of title? A. air-way bill B. bill of landing C. freight note D.charter party Objective Show full explanation
Question 3Which of the following is not a right of the customer? A. safety B. choice C. value D. discount Objective Show full explanation
Question 4A contract of sale where ownership passes to the buyer on the payments of first instalment is known as A. hire purchase B. lease C. cash on delivery D. credit sale Objective Show full explanation
Question 5Which of these is not a basic marketing function?A. exchange B. facilitation C. production D. information Objective Show full explanation
Question 6The abbreviation E & OE is usually printed on A. an invoice B. cheque C. a delivery note D. a debit note Objective Show full explanation
Question 7When an insurance company indemnifies the insured and takes over his right, this is known as A. abandonment B. subrogation C. contribution D. proximate causeObjective Show full explanation
Question 8Which of the following qualities of money is generally undermined by inflation? A. stability B. scarcity C. durability D. portability Objective Show full explanation
Question 9Which of the following is not an economic grouping? A. ECOWASB. GATT C. ECOMOG D. EEC Objective Show full explanation
Question 10Bonded warehouse are controlled by A. export promotion councils B. ports authorities C. customs excise authority D. clearing and forwarding agents Objective Show full explanation