A) When the buyer wishes B) Immediately after delivery C) Before goods are taken D) After an agreed period
A) Barter B) Discounting C) Cash sales D) Deferred payment
A) Debtor B) Creditor C) Agent D) Retailer
A) Risk of bad debts B) Faster turnover C) Loss of goods D) High profit
A) After signing the agreement B) After final payment C) Before any payment D) Immediately
A) Lessor B) Hirer C) Lessee D) Mortgagor
A) Shares B) Insurance C) Personal property D) Land or building
A) Mortgagee B) Lessee C) Hirer D) Mortgagor
A) Contact address of buyer only B) Salary of the buyer C) Selling price only D) Cash price and instalment price
A) Finance B) Operating C) Closed D) Full-service
A) Invoice B) Receipt C) Debit note D) Quotation
A) Invoice B) Consignment note C) Debit note D) Credit note
A) Invoice B) Statement C) Order D) Receipt
A) Quotation B) Invoice C) Receipt D) Credit note
A) Invoice B) Statement C) Order form D) Delivery note
A) Free on Board B) Freight on Bond C) Free of Business D) Foreign Order Book
A) Filing B) Finance C) Feeder D) Freight
A) Seasonal discount B) Quantity discount C) Trade discount D) Cash discount
A) How profits are shared B) Conditions of buying and selling C) Means of transporting goods D) How money is exchanged
A) Credit card B) Cheque C) Postal order D) Voucher
A) Cheque B) Bank draft C) Money order D) Quotation
A) Address card B) Processing card C) Debit card D) Postal card
A) Cheque B) Open cheque C) Money order D) Postal order
A) Retailer B) Wholesaler C) Producer D) Consumer
A) EFCC B) NDLEA C) SON D) NAFDAC
A) Manufacturers B) Trade unions C) Consumer associations D) Internal auditors
A) High prices B) Deception C) Safety D) Overcharging
A) Debtors B) Suppliers C) Directors D) Shareholders
A) Receipts B) Memorandum of Association C) Trade note D) Invoice
A) Private limited company B) Government firm C) Partnership D) Public limited company |