SS2: COMMERCE – 2ND TERM
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Marine Insurance | Week 13 Topics
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Non-insurable Risks | Week 24 Topics
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Banking – Central Bank of Nigeria | Week 33 Topics|2 Quizzes
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Types of Account | Week 44 Topics|2 Quizzes
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Warehousing | Week 51 Topic|1 Quiz
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Capital | Week 62 Topics|1 Quiz
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Credit | Week 73 Topics|3 Quizzes
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Profit | Week 82 Topics
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Turnover | Week 93 Topics|2 Quizzes
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Business Law | Week 108 Topics
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Question 1 of 10
1. Question
An advance that is specifically given for housing or building projects is called a ______
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Question 2 of 10
2. Question
Credit in business transaction is a ______
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Question 3 of 10
3. Question
Loans and overdrafts are credit facilities granted to people who have
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Question 4 of 10
4. Question
The major advantage of credit is that it ______
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Question 5 of 10
5. Question
The system whereby the owner of a property gives another person an exclusive right to posses his property for a fixed period is called
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Question 6 of 10
6. Question
Which document is sent to the prospective buyer by the seller if he does not want any credit transaction?
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Question 7 of 10
7. Question
Which of the following is a disadvantage of credit sales?
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Question 8 of 10
8. Question
Which of the following is an incentive to a customer for prompt payment?
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Question 9 of 10
9. Question
Which of the following is major source of financing credit transaction?
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Question 10 of 10
10. Question
Which of the following makes a credit sale different from a hire purchase?
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