SS1: COMMERCE – 2ND TERM
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Modern Trends in Retail Business | Week 12 Topics|1 Quiz
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The Wholesaler | Week 25 Topics|1 Quiz
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Warehouse | Week 33 Topics|1 Quiz
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Foreign Trade (International) | Week 46 Topics|2 Quizzes
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Tariffs & Reasons for The Imposition of Tariffs | Week 55 Topics|1 Quiz
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Functions of Customs & Exercise | Week 64 Topics|2 Quizzes
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Commodity Exchange | Week 77 Topics
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Sole Proprietorship | Week 82 Topics|1 Quiz
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Partnership | Week 95 Topics|6 Quizzes
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Money | Week 103 Topics|2 Quizzes
FORMS OF MONEY
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Question 1 of 10
1. Question
An object used as money should not be bulky, therefore it should be
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Question 2 of 10
2. Question
Bank notes issued by government and subsequently backed up by government securities is
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Question 3 of 10
3. Question
Bill of exchange and bonds are examples of
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Question 4 of 10
4. Question
In trade by barter, specialisation is
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Question 5 of 10
5. Question
Money converted into digital form and transmitted over telecommunication media is known as
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Question 6 of 10
6. Question
The N500 note used in Lagos is said to be the same when compared with the N500 vote Alhaji Adamu withdrew from the bank at Kano so the money is
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Question 7 of 10
7. Question
The development of paper money started with
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Question 8 of 10
8. Question
The disadvantages of commodity money includes all but one
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Question 9 of 10
9. Question
The value of this money is temporarily stored and also convertible to the medium of exchange
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Question 10 of 10
10. Question
When money serves as an expression of current and future transactions it is regarded as a
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