Post Utme Eksu 2018 Commerce Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Eksu Commerce examination.

Post Utme Eksu 2018 Commerce Objective / Multiple Choice
Question 9 POST_UTME_EKSU • 2018 • COMMERCE • objective

The concept of 'agency' in business refers to:

Answer Options

Correct Answer A. A person or organization acting on behalf of another.
B. A business entity with a separate legal identity.
C. A type of business ownership where multiple individuals share profits and losses.
D. A contract between two parties where one party agrees to perform a service for the other.
Correct Answer
A
Correct Option:
A person or organization acting on behalf of another.

About This Question

This is Post Utme Eksu 2018 Commerce Question 9. It is one of the objective questions from the 2018 Post Utme Eksu Commerce examination.

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