OAU Commerce 2015/2016 Past Questions

Which of the following is not a function of commerce?

Paper money originated in form of receipts is given by

Which of the following does not determine the form of a business unit?

Abuse of monopoly power by industrialists could lead to

Business mergers are on the increase these days for the main purpose of

A machine which enables without the physical presence of a sales attendant is a

A distinctive advantage of GSM it its

The computer that functions by taking discrete numbers and performing mathematical calculations is called

The most dangerous pollution is

The fixed and current assets of a business are called

The main factors militating against the rapid growth of trade in Nigeria are

Tourists with no fixed address in a town may receive their letters from the post office through a

A demonstration of social responsibility by a business is the payment of

A Sole proprietor insured his goods worth N200,000 for half the value. There was a fire incident in which goods valued N80,000 were destroyed. The value of compensation expected from the insurer is

Which of the following insurance principles will prevent someone from claiming compensation?

The use of coin - operated machines to sell goods is a form of

Drawing two parallel lines across a cheque means that it has to be paid into the account of the

Which combination of the below are basic requirements of business resource? I. Money and Machines II. Materials and Money III. Market and Mean IV. Materials and Man

The creation of utilities to satisfy human wants is referred to as

In the permanent storage device, DASD means

A major disadvantage of the privatization policy is that

Unlimited liability in business implies that the

An announcement of a person's willingness to enter into a contract is referred to as

The selling of new shares to existing shareholders is referred to as