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Commerce Past Questions and Answers

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Commerce Questions

Question 2116:

An association of businessmen engaged in both commerce and industry is called

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A Trade association
B Trade union
C Chamber of commerce
D Trust
E Cartel

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Question 2117:

When the government decides to run a statutory corporation as a profit-oriented enterprise, this is known as

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A Nationalization
B Commercialization
C Take-over bid
D Privatization
E Indegenization

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Question 2118:

The primary aim of commerce is to

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A Produce goods and services
B Warehouse goods
C Advertise goods and services
D Finance goods and services
E Exchange goods and services

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Question 2119:

Which of the following is has a fixed rate of dividend?

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A Debenture
B Ordinary share
C Founder's share
D Preference share
E Equity

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Question 2120:

Which of the following is not a barrier to the smooth functioning of ECOWAS?

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A Different currencies
B Different languages
C Adequate population
D Political crisis
E Fear of domination

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