1997 WAEC SSCE Commerce Past Questions

1997

The insurance principle which expects the insured and the insurer to disclose all facts about a proposed contract is called

1997

The Stock Exchange does not deal in

1997

The compensation given to brokers who sell shares to jobbers is called

1997

Which of the following makes it possible for people to collect their letters at their convenient time ?

1997

The document stating the particular country from which goods are imported is called

1997

Which of the following is responsible for the maintenance of the quality of goods produced

1997

A design which distinguishes the goods of one producer from those of others is called

1997

The law stipulating that labels should contain full details about a product is known as the

1997

Which of the following is true of a merger?

1997

A company which acquires more than 50% voting shares of another company is called?

1997

Which of the following is usually sent to prospective buyer when the seller expects payment of the goods dispatched?

1997

Which of the following indicates special crossing on a check? Two parallell lines with

1997

Which of the following is not a function of the Nigerian Ports Authority?

1997

Which of the following is not true of branding?

1997

The difference between the total amount owed to a country and the total amount owed by it is

1997

Which of the following are true of a bill of lading? i. it is a means of payment in foreign trade. ii. it is document of title to goods. iii. it is a contract of carriage. iv. it is usually drawn in triplicate.

1997

The major disadvantage of pipeline transportation is that it

1997

Which of the following covers damages to the body of a ship and its machinery?

1997

The cost of goods sold divided by the average stock held during a trading period gives the

1997

A common carrier is

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