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Commerce Past Questions


Question 3941:


A bank overdraft can only be granted to the holder of a ____________

A. Current account
B. Deposit account
C. Fixed deposit
D. Savings account
E. Time deposit


Question 3942:


A bank overdraft can only be granted to the holder of a ____________

A. Current account
B. Deposit account
C. Fixed deposit
D. Savings account
E. Time deposit


Question 3943:


Abubakar wants to sell his shares on the Kano Stock Exchange. Which service would he employ?

A. Auctioneer
B. Chamber of commerce
C. Del-credere agent
D. Insurance agent
E. Stock broker


Question 3944:


The factor of production which involves both the mental and physical effort of man is called ____________

A. Capital
B. Entrepreneur
C. Labour
D. Land
E. Work


Question 3945:


The reputation and good image benefits arising from the business connections of a firm are called ____________

A. Commission
B. Dividend
C. Goodwill
D. Interest
E. Profit






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