Commerce Past Questions And Answers
1461
Who among the following is not a commercial occupation
- A. A stoke broker
- B. An engineer
- C. A banker
- D. A common carrier
1462
A body established to protect the interest of members against the exploitation of retail traders and manufacturers is the?
- A. wholesalers' association
- B. consumers association
- C. government agency
- D. workers' union
1463
In a tabular form, state the differences between public enterprise and public company.
View Discussion (0)WAEC 2018 THEORY1464
A memorandum of association is applicable to a
- A. partnership
- B. sole trader
- C. joint stock company
- D. public corporation
1465
In insurance, risks that have no statistics for their calculations are
- A. insurable risks
- B. certain risks
- C. un-insurable risks
- D. uncertain risks
1466
An agent who takes possession of goods and sells in his own name is known as?
- A. a broker
- B. a del credere agent
- C. an auctioneer
- D. a factor
1467
Which of the following regulates and controls the activities in the Nigeria Stock Exchange
- A. SEC
- B. CBN
- B. BPE
- D. NDIC
1468
A sale agreement whereby the buyer takes possession but not title to the goods is
- A. credit purchase
- B. hire purchase
- C. auction sales
- D. direct sales
1469
Liquid capital in a business means the
- A. movable assets of the business
- B. authorised capital
- C. issued capital
- D. assets easily convertible to cash
1470
Which of the following contains the complete information on goods available for sale?
- A. Invoice
- B. Delivery note
- C. Consignment note
- D. Catalogue

