Commerce Past Questions And Answers
The aid to trade responsible for the preservation of perishable items is
- A. warehousing
- B. insurance
- C. transportation
- D. warehousing
The main motive of chambers of commerce and trade association is to
- A. assist governemnt in achieving its objective
- B. protect the interest of consumers
- C. maximize profit
- D. protect and promote the interests of members
In a staff-authority relationship, the opinion of a specialist in one department to another is
- A. a directive
- B. an advice
- C. a command
- D. a delegation
The ship owner's receipt for the goods accepted for carriage in a ship is called?
- A. ship manifest
- B. charter party
- C. mate's receipt
- D. bill of lading
Which of the following is a more suitable medium for advertising a new tractor?
- A. Radio
- B. Poster
- C. Neon sign
- D. Trade fair
The act of removing government laws and allowing market forces to determine prices is
- A. commercialization
- B. deregulation
- C. divestiture
- D. privatization
Write explanatory notes on the following Stock Exchange terms
(a) Bull (b) Bear (c) Option (d) Backwardation (e) Contango
View Discussion (0)WAEC 2013 THEORYThe document which helps in ascertaining the correct value of imports in order to assess the custom duty is
- A. bill of lading
- B. consular invoice
- C. bill of sight
- D. ships manifest
An instrument used in lieu of legal tender is known as ______?
- A. Token money
- B. commodity money
- C. fiat money
- D. representative
The development of tourism in Nigeria will enhance?
- A. agriculture
- B. revenue generation
- C. export
- D. labour mobility