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Wednesday, 27 November 2024

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Commerce Past Questions


Question 561:


One of the requirements necessary for setting up a business is?

A. Registration
B. Advertisement
C. Knowledge of the business
D. Documentation


Question 562:


The assembling of products into usable forms is known as?

A. Construction
B. Manufacturing
C. Formation
D. Creation


Question 563:


The government policy thrust on the business environment is to?

A. Promote experts
B. Attract investors
C. Be self-sufficient
D. Increase production


Question 564:


The act of a person employing another to enter into a contract on his behalf is known as?

A. Business
B. Sale of goods
C. Bilateral agreement
D. Agency


Question 565:


Social responsibility of an organization to?

A. Tackle the socio-economic problem of its community
B. Meet the needs of its community
C. Contribute to sustaining and developing its community
D. Operate without disrupting the very essence of the enviroment






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