UTME/SSCE Commerce – Legal Aspect of Business


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In Nigeria, the body that ensures that its members operate according to their professional ethics is the _____ 

A. MAN       B. NAFDAC        C. SON        D. NPF


An agreement to sell is distinguishable from a sale because in the former, the transfer of goods is ______

A. not anticipated    B. not discussed     C. deferred     D. immediate


Which of the following maxims negates the principle of collective bargain?  

A. Individual employees have weak bargaining base
B. Individual employees attain strength when they come together in a union
C. Only members of the union can benefit from agreement negotiated by the union.
D. Collective bargaining covers the vast majority of employees, whether union members or not.


The label on a product such as ‘pampers’ is a type of _____ 

A. trademark     B. branding     C. packaging     D. patent right


The least of the advantages of indigenization is that _____ 

A. the standard of living of the indigenes is improved
B. the economy is controlled by the nationals
C. entrepreneurial skill is developed
D. foreigner’s domination is avoided


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