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4656

Which of the following instruments of payment could be used in international trade?

  • A. Promissory note
  • B. I.O.U.
  • C. Postal order
  • D. Bill of exchange
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4657

Bonded warehouses are supervised by

  • A. clearing and forwarding agents
  • B. immigration officers
  • C. ports authorities
  • D. customs and excise authorities
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4658

An advertising campaign by a chicken seller designed to sell his products at the expense of a beef seller is

  • A. competitive
  • B. direct
  • C. persuasive
  • D. informative
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4659

The main idea of the marketing concepts is that all the firm's plans and operations should be

  • A. price oriented
  • B. company oriented
  • C. product oriented
  • D. consumer oriented
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4660

A person who is employed for the purpose of bringing his principal into contractual relationship with the third parties is

  • A. a merchant
  • B. a consignee
  • C. a consignor
  • D. an agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts