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Commerce Past Questions and Answers

Commerce Questions

Question 1441:
A bear market is said to be in existence in a period of
  • A Boom
  • B Stump
  • C Bullish
  • D Stagflation
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Question 1442:
Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos
Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm à— 18cm exercise books.
Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.
Yours Faithfully
Manager.
The above represents?
  • A A quotation
  • B Consignment notes
  • C Letters of Inquiry
  • D An order form
View Answer & Explanation
Question 1443:
Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos
Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm à— 18cm exercise books.
Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.
Yours Faithfully
Manager.
From the question above, the document the firm or organization will send to the buyer is
  • A Delivery notes
  • B Advice notes
  • C An order form
  • D Quotations
View Answer & Explanation
Question 1444:
First Bank of Nigeria is an example of
  • A Commercial bank
  • B Central bank
  • C Development bank
  • D Merchant bank
View Answer & Explanation
Question 1445:
An abridged message sent at express speed to reach its destination faster than the airmail letters is known as
  • A Telephone
  • B Telegram
  • C Telex
  • D NITEL
View Answer & Explanation