WAEC - Commerce (2002)
1
The distribution and exchange of goods and services for the satisfaction of wants in the concern of?
2
Transforming raw materials into finished products is an example of?
3
Transforming raw materials into finished products is an example of?
4
Which of the following is concerned with actual production of goods and services?
5
Which of the following has no limit to its membership?
6
Which of the following does not lead to the dissolution of a partnership?
پاسخ دهید(A)
Absence of a deed of partnership
7
An offer by one company to buy up all or greater part of another company's share is known as?
8
The refund of a duty which had been paid on importation that are later re-exported is known as?
9
Which of the following is an internal source of capital to a business concern?
10
Which of the following is an internal source of capital to a business concern?
11
When shares are sold "EX-DIV" it means that?
پاسخ دهید(A)
no dividend is paid on the shares
12
Detailed information about a public offer of a company's shares is contained in the?
13
Where two or more companies agree to work on a project too large for one of them, this is called?
14
A retail outlet meant to sell only a particular manufacturer's product known as a?
15
The rate at which a country's currency is converted to the currency of another country is known as?
16
Which of the following requires acceptances before it can be valid?
17
A retail outlet meant to sell only a particular manufacturer's product known as a?
18
Which of the following requires acceptance before it can be valid?
19
In international trade the direct exchange of goods for goods is?
20
Department store usually?
پاسخ دهید(A)
offers a wide variety goods
21
An agreement by which a buyer pays instalmentally but does until final settlement is made is?
22
Which of the following is sent by a customer who wishes to know the price, quality and terms of sale of a product?
23
The trade document signed by a representative of the country to which is not discounted is also the?
24
The drawer of a bill of exchange which is not discount is also the?
25
When shares are fully paid they can be converted into?
26
The minimum charge at which the Central Bank lend to commercial banks is called?
27
The transfer of risks already undertaken from insurance one insurance company to another is?
28
Hull insurance is taken to cover?
پاسخ دهید(D)
damage to body of the ship
29
The principle of subrogation imposes an obligation on the insured to?
پاسخ دهید(D)
surrender legal rights after compensation
30
Which of the following is not function of money? it?
31
Who among among the following is not function of a stock exchange market?
32
The term legal tender refers to?
33
Which of the following does not influence the choice of means of transport?
34
A certificate of incorporation is best favour by?
35
Which of the following is a disadvantage of the use of teleprinters in communication?
پاسخ دهید(B)
Pictures cannot be transmitted
36
A label on a product such as "Three Crown Milk" is a form of?
39
Which of the following is a customer service?
40
Which of the following types of cheque protects the holder against the risk of loss?
41
Which of the following types of cheque protects the holder against the risk of loss?
42
The grading of products to satisfy different buyers is referred to as?
43
If Baba is forced to agree go the terms of a contract at gun point, the contract is entered into?
44
A major reason why government regulate business activities is to?
پاسخ دهید(C)
ensures fair practices and consumers protection
45
Which of the following is not a method of discharging a contract?
