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Commerce Past Questions


Question 3986:


For a contract to be valid, there must be ____________

A. Drawee and drawer
B. Insured and insurer
C. Lessor and lessee
D. Offer and acceptance
E. Principal and agent


Question 3987:


Which means of transport is most suitable for moving crude oil, gas and water from Port Harcourt to Kaduna?

A. Bus
B. Pipeline
C. Ship
D. Tanker
E. Trailer


Question 3988:


The national headquarters of Niger Basin Commission is at ____________

A. Lagos
B. Niamey
C. N’djamena
D. Yamasucro
E. Yaounde


Question 3989:


Who among the following engages in manufacturing occupation?

A. Bricklayer
B. Carpenter
C. Miner
D. Musician
E. Spinner


Question 3990:


The amount which a company is empowered to raise for a business is its ____________

A. Called-up-capital
B. Nominal capital
C. Paid-up capital
D. Issued capital
E. Working capital






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