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3441

How many countries make up the River Niger Basin commission

  • A. 16
  • B. 12
  • C. 10
  • D. 9
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3442

Which of the following means of payment makes the bank both the drawer and drawee

  • A. standing order
  • B. bill of exchange
  • C. bank draft
  • D. open cheque
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3443

An association that protects the interest of members in the same line of business is?

  • A. consumer association
  • B. trade union
  • C. trade association
  • D. chamber of commerce
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Use the following information to answer the question

Bamidele co. ltd has authorized capital of 40,000,000, ordinary shares of N4 each. shares issues and fully paid are 25,000,000

3444

The value of bamidele authorized share capital is?

  • A. N160,000,000
  • B. N100,000,000
  • C. N65,000,000
  • D. N40,000,000
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3445

Which of the following aids to trade is used to stimulate demand for goods

  • A. banking
  • B. transport
  • C. insurance
  • D. advertising
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