Commerce Past Questions And Answers
The comprehensive import supervision scheme was set up by the federal government in order to
- A. reverse Nigeria's unfavourable balance of trade
- B. promote fair trade between Nigeria and other countries
- C. counteract all fraudulent business deals of Nigeria with other nationals
- D. ensue that import into Nigeria are of the correct quality, value and quantity
Which combination of the below are basic requirements of business resource?
i. Money and Machines
ii. Materials and Money
iii. Market and Mean
iv. Materials and Man
- A) i and ii
- B) ii and iii
- C) i and iv
- D) ii and iv
(a) What is a bill of lading?
(b) State six contents of a bill of lading.
(c) Distinguish between a clean bill of lading a-a foul bill of lading
View Discussion (0)WAEC 2001 THEORYThe reward received by a party in a contract agreement is known as
- A. consideration
- B. acceptance
- C. offer
- D. warranty
What number of moles of oxygen would exert a pressure of 10 atm at 320 K in an 8.2 dm2 cylinder?
[R = 0.082 atm dm3 mol-1 K-1]
- A. 0.32
- B. 1.56
- C. 3.13
- D. 31.25
(a) What is planning?
(b) Explain five advantages of delegation of authority
View Discussion (0)WAEC 1994 THEORYwhich of the follwing does not belong to the extractive occupation?
- A. quarrying
- B. carving
- C. mining
- D. agriculture
A distinctive advantage of GSM it its
- A) Mobility
- B) Cost
- C) Stability
- D) Coverage
the worth of a life assurance policy before its maturity date is?
- A. residual value
- B. surrender value
- C. accrued value
- D. assured value
The major dealers on the stock market are the?
- A. agents
- B. jobbers
- C. investors
- D. brokers

