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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
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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