Commerce Past Questions And Answers
E-commerce is an activity which involves
- A. trading in products through the post office
- B. trading in products through the internet
- C. buying and selling of products through telegram messages
- D. buying and selling of products through fax messages
A provision in the charter of a company which gives holders of common stock the first option to purchase additional issues of the firm's common stock is the
- A. pre-emptive right
- B. over-subscription right
- C. ex-dividend right
- D. shareholders right
a. As an employee of the stock exchange market, explain to a group of investorsfive securities they could trade in.
b. Statefive duties of an agent to his principal.
View Discussion (0)WAEC 2023 THEORYA fall in the value of a country's currency vis-a-vis other currencies is known as__________
- A. Depreciation
- B. Reduction
- C. Devaluation
- D. Exchange rate
The instruments of credit includes?
- A. billboards and postal stamps
- B. payment vouchers and statement of account
- C. bills of exchange and promissory notes
- D. bills of exchange and salary salary vouchers
A contract made between a ship owner and a merchant for the carriage of cargo is
- A. ships' manifest
- B. charter party
- C. freight forward
- D. cargo service
Fred Asamah had the following state of affairs as at 31st December, 1999
Vehicles 82,000
Furniture 15,000
Stocks 38,000
Debtors 25,000
Creditors 30,000
Cash in hand 10,000
Bank overdraft 5,000
Capital 135,000
(a) Calculate: (i) the current assets of the business (ii)current liabilities (iii) its working capital
(b)What is a current asset? (c) State one significance
View Discussion (0)WAEC 2001 THEORYA term which indicates that a share is temporary suspended is
- A) Ex-dividend
- B) Un-dividend
- C) Bond
- D) stock
Which of the following is responsible for carrying oiut the monetary policy of a country?
- A. The Ministry of Finance
- B. international Monetary Fund
- C. Internal Revenue Board
- D. The Central Bank
Assurance is different from insurance in that the former is based on
- A. probability
- B. possibility
- C. risk
- D. uncertainty

