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1286
A group of trims that produce similar goods or sen/ices is called?
  • A. an industry
  • B. a trade association
  • C. a cartel
  • D. a holding company
  • E. an amalgam
View Answer & Discuss WAEC 1994
1287
Retail outlets which sell from specialised vans are
  • A. supermarkets
  • B. multiple shops
  • C. mail orderfirms
  • D. department stores
  • E. mobile shops
View Answer & Discuss WAEC 1994
1288
Which of the following is a problem facing mail order business?
  • A. Expensive shop fronts
  • B. cost of postage and advertisement
  • C. Commission to agents
  • D. Increase in branded goods
  • E. increase in the variety of catalogues
View Answer & Discuss WAEC 1994
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1289
When the exporter arranges for the dispatch of goods but leaves the cost of transport to be paid by the importer, the price quoted is?
  • A. carriage forward
  • B. franco
  • C. Loco
  • D. free on board
  • E. A free alongside ship
View Answer & Discuss WAEC 1994
1290
The practice of selling goods in foreign countries at lower prices than obtainable in the exporting country is known as?
  • A. hedging
  • B. black market
  • C. dumping
  • D. speculation
  • E. speculation
View Answer & Discuss WAEC 1994
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