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1121
Which of the following markets functions involves the actual movement of goods?
A.
Exchange function
B.
Distribution function
C.
Facilitating function
D.
Marketing information function
E.
Stimulation function
View Answer & Discuss
WAEC 1992
1122
The abbreviation ECOWAS stands for?
A.
Economic Community of West African States
B.
Economic Communion of West African States
C.
Economic Council Of West African States
D.
Economics Council of West African States
E.
Economics Cooperation of west African States
View Answer & Discuss
WAEC 1992
1123
The difference between cost and selling prices gives?
A.
Trading account
B.
net profit/loss
C.
gross profit or loss
D.
appropriation `
E.
balance sheet
View Answer & Discuss
WAEC 1992
1124
Which of the following is the quickest and most accurate means id communication?
A.
Telegram
B.
Express mail
C.
Courier service
D.
Telex
E.
Railex
View Answer & Discuss
WAEC 1992
1125
A sales agreement whereby the buyer takes possession but not title to goods is called?
A.
mortgage
B.
auction sale
C.
deferred payment
D.
hire purchase
E.
warranty
View Answer & Discuss
WAEC 1992
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