Commerce Past QuestionsQuestion 666:A type of credit offered by both commercial and merchant banks in Nigeria is? A. Trade credit B. Line of credit C. Discounting facility D. Overdraft Question 667:A major function of a chamber of commerce is? A. Increaseing productivity B. Promoting both home and foreign trade C. Promoting trade in a particular line D. Maximizing profit Question 668:Which of the middlemen in the channel of distribution has tittle to the goods he distributes? A. The merchant wholesaler B. The agent C. The limited wholersaler D. The retailer Question 669:Which of the following confirms the accuracy of the duty charged on imported goods? A. An indent B. Consular invoice C. Consignment note D. Shipping note Question 670:The association that comprises all types of businesses is referred to as? A. Chamber of commerce B. Trust C. Trade association D. Cartel |
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