Post Utme Commerce Past Questions and Answers

Question 46:

Which of the following countries is not a member of ECOWAS?

A. Cape verde
B. Monrovia
C. Mauritania
D. Guinea

Question 47:

There are some aspects of the law which give protection and encouragement to individuals and businesses. Three of these are ____________

A. Patent, copyright and trade mark
B. Patent. ratification and copyright
C. Trademark, loyalty and patent
D. Patent, trademark and estopel

Question 48:

The following statements are true except one ____________

A. The personnel department handles all matters concerning staff
B. The accounts department takes charge of contracts, buildings and insurance matters
C. The production department is in charge of design and quality control
D. The purchases department takes charge of storage and control of stock

Question 49:

Which of the following terms is used in marine insurance when the cargo suffers partial loss?

A. General average
B. Particular average
C. Floating policy
D. Open cover