Commerce Past Questions and Answers

The art of combining human, material and other resources to achieve the stated goals of a business is known as

An agent with authority to bind his principal in everything, provided he acts lawfully is called

Mr Ojo paid Nnamdi the sum of #3,000 for a piece of land without their signing any deed of sale. Which of the following elements of contract is lacking in the transaction?

When an industry is nationalized, ownership belongs to the

The payment made to the insured for loss incurred is