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4466

The following are functions of marketing EXCEPT

  • A. packaging
  • B. distribution
  • C. insurance
  • D. advertising
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4467

The documents sent by the suppliers of good to a prospective buyer, informing him of what to pay if he buys the good is

  • A. credit note
  • B. advice note
  • C. invoice
  • D. debt note
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4468

Departmental store, supermarket and chain store are examples of

  • A. small scale retailers
  • B. medium scale producers
  • C. large scale retailers
  • D. large scale whole-salers
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4469

The rules and regulations guiding the conduct of business transactions are known as law

  • A. criminal
  • B. common
  • C. contract
  • D. commercial
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4470

The principle of insurance which ensures that an individual is restored to his former position after suffering a loss is

  • A. utmost good faith
  • B. insurable interest
  • C. indemnity
  • D. subrogation
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