Commerce Past Questions And Answers
The document represents a
- A. Bill of exchange
- B. Cheque
- C. Money order
- D. Promissory note
A market where new shares are traded is known as
- A. Primary Market
- B. Stock Exchange
- C. Secondary Market
- D. Money Market
A private limited liability company differs from a public limited liability because it
- A. does not issue its shares to the public
- B. as a separate entity
- C. has many directors
- D. is a going concern
(a) Differentiate between Hire Purchase and Credit Sale
(b) Give four advantages of hire purchase to each of following:
(i) a seller
(ii) a buyer
View Discussion (0)WAEC 2001 THEORYIf a seller discovers that he had understand a buyer, which of the following documents will use to correct the error?
- A. A promissory note
- B. A credit book
- C. An advice note
- D. A debit note
A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due What is the company's registered capital?
- A. #50,000.00
- B. #80,000.00
- C. #200,000.00
- D. #400,000.00
Abuse and monopoly of power by industrialists could lead to
- A. privatization
- B. commercialization
- C. nationalization
- D. indigenization
Buying and selling products through a network of digital devices is
- A. e-commerce
- B. e-payment
- C. e-transfer
- D. e-mail
Current account holders withdraw money through
- A. transfer
- B. credit cards
- C. withdrawal form
- D. cheque
A worker who process rice is engaged in?
- A. constructive activity
- B. comercial activity
- C. extractive activity
- D. manufacturing activity