Commerce Past Questions And Answers
1071
(a) Explain five problems of using rail transport in Nigeria.
(b) Write short notes on; (i) Tramp liners (ii) Ocean liners.
View Discussion (0)WAEC 1993 THEORY1072
After registration, a certificate of trading is usually issued to a
- A. partnership
- B. public company
- C. private company
- D. sole proprietorship
1073
A number of shops under one roof is a
- A. chain store
- B. department store
- C. discount store
- D. unit store
1074
Trade fairs in Nigeria are organised by
- A. the Federal Government
- B. Manufacturers'' Association of Nigeria
- C. Ministry of Commerce and Industry
- D. Chambers of Commerce
1075
The amount paid regularly by the assured to the insurer is
- A. dividend
- B. premium
- C. interest
- D. indemnity
1076
A firm which turns timber into wooden office desks belongs to the
- A. extractive industry
- B. direct service industry
- C. indirect service industry
- D. construction industry
1077
A document that serves as an instument for perferential tariff is referred to as
- A. an indent
- B. a certificate of origin
- C. a consular invoice
- D. an advice note
1078
The aspect of management which ensures that there is no deviation from the set standards is called
- A. controlling
- B. planning
- C. commanding
- D. organizing
1079
Privatization is concerned with?
- A. equal ownership between the public and the governement
- B. the dilution of ownership among the public
- C. the individual ownership of companies
- D. governement ownership of companies
1080
A cheque dated 15th March 2012, will become stale on
- A. 16th June 2012
- B. 16th July 2012
- C. 16th August 2012
- D. 16th September 2012

