Commerce Past Questions And Answers
A certificate of incorporation is best favour by?
- A. ordinary post
- B. recorded delivery
- C. express mail
- D. Parcel post
The financial market where existing shares and bonds are bought and sold is the?
- A. forex market
- B. stock market
- C. money market
- D. commodity market
Which of the following policies qualifies the holder to income to income tax relief?
- A. Accident insurance
- B. Public liability insurance
- C. Comprehensive insurance
- D. Endowment assurance
Which of the following is classified as an immaterial want?
- A. Protection
- B. Raw materials
- C. Machines
- D. Goods and Services
A supplier of flour who intends to sign a contract with a baker through post can establish a binding agreement only
- A. after the offeror has made an offer
- B. when the offeror's letter has reached the offeree
- C. when the offeree's letter has been posted
- D. after the offeree's letter has been recieved by the offeror
(a) From the above figures, calculate the following, showing all workings:
(i) capital owned
(ii) fixed assets
(iii) working capital.
(b) List five sources of capital available to a public limited company.
View Discussion (0)WAEC 2003 THEORYA cheque is specially crossed if
- A. the name of the account holder is written between two parallel lines drawn across it
- B. it could be paid over the counter
- C. the name of the bank is written between two parallel lines drawn across it
- D. only two parallel lines are drawn across it
Which of the following makes sales possible without a sales attendant ?
- A. telex machine
- B. fax machine
- C. vending machine
- D. franking machine
A retail business that sells goods by post, using catalogue is a
- A. chain store
- B. department store
- C. mail order firm
- D. shopping mail
Which of the following aids to trade facilitates production ahead of demand
- A. insurance
- B. transport
- C. advertising
- D. warehousing