Commerce Past Questions And Answers
1851
(a) What is indigenization?
(b) Explain four advantages anc four disadvantages of indigenization.
View Discussion (0)WAEC 2003 THEORY1852
Okoni and Co. law chamber is an example of a
- A. sole proprietorship
- B. partnership
- C. co-operative society
- D. public limited company
1853
Founders shares are usually referred to as deferred shares because the holders?
- A. are not entitled to any dividend
- B. receives their dividends before other share holders
- C. are the managers of the company
- D. receive dividends after other shareholders
1854
In a law of contract, what is given in exchange for a promise to perform is_____
- A. offer
- B. acceptance
- C. warranty
- D. consideration
1855
A cheque made payable to a named person is?
- A. a crossed cheque
- B. a certified cheque
- C. an order cheque
- D. a confirmed cheque
1856
Which of the following is an investor earns profit on the basis of his patronage?
- A. debenture holder
- B. partner
- C. sole proprietor
- D. co-operative member
1857
Insurance against burglary is an example of
- A. indemnity insurance
- B. fidelity guarantee insurance
- C. non-insurable risk
- D. non-indemnity insurance
1858
The marketing term which regards the consumer as king that must be satisfied is?
- A. market segmentation
- B. market research
- C. marketing concept
- D. marketing mix
1859
The process of taking over private business by government is known as?
- A. naturalisation
- B. nationalisation
- C. privatisation
- D. commercialisation
1860
Another name or term for a dishonoured cheque is
- A. a bearer cheque
- B. an open cheque
- C. a bounced cheque
- D. an order cheque