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Commerce Past Questions


Question 711:


A liquidator's fee is to be charged to the?

A. Realization account
B. Trading account
C. Revaluation account
D. Reconstruction account


Question 712:


The safety and quality of products are the social responsibility of?

A. The Standards Organization of Nigeria
B. The Manufacturers' Association of Nigeria
C. The Corporate Affairs Commission
D. Business organizations


Question 713:


A feature common to privatization and commercialization is?

A. Profit-making
B. Credit sales
C. Market expansion
D. Price increases


Question 714:


A protection right which can be reviewed or renewed after seven years is known as?

A. Patent
B. Design
C. Registration name
D. Trade mark


Question 715:


The headquarters of the lake Chad Basin Commission is in?

A. Niamey
B. N'Djamena
C. Abuja
D. Lagos






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