Post Utme Afe Babalola University 2018 Commerce Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2018 Commerce Objective / Multiple Choice
Question 15 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • COMMERCE • objective

A consumer protection agency is investigating a complaint about a company's unfair trading practices. The company has been accused of engaging in price-fixing with its competitors. Which of the following is a legal consequence of price-fixing in Nigeria?

Answer Options

A. The company must pay a fine of ₦1,000,000
B. The company must refund all payments made by consumers
Correct Answer C. The company must cease all trading activities for 6 months
D. The company must be dissolved
Correct Answer
C
Correct Option:
The company must cease all trading activities for 6 months

About This Question

This is Post Utme Afe Babalola University 2018 Commerce Question 15. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Commerce examination.

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