Commerce Past Questions And Answers
2631
The total amount that a company is allowed to raised according to its memorandum of association is known as
- A. issued capital
- B. authorized capital
- C. called-up capital
- D. paid-up capital
2632
Communication enhances business activities by
- A. facilitating interaction between producers
- B. Facilitating interaction among media houses
- C. ensuring the movement of good forms the producer to the consumer
- D. keeping the goods safe until they and needed
2633
A business firm that is involved in conveying goods or people is known as a?
- A. consignor
- B. commercial firm
- C. carrier
- D. transport
2634
The type of partnership in which all partners are jointly liable in bearing risk is?
- A. limited partnership
- B. partnership-at-will
- C. ordinary partnership
- D. industral partnership
2635
(a) What is market?
(b) Explain four ways by which market-ing is important to the economy
(c) State five functions marketing.
View Discussion (0)WAEC 2003 THEORY2636
Which of the following is not a function of Development Banks?
- A. Give long-term loans
- B. invest directly into Agriculture
- C. Issue currency notes
- D. Give technical advice to investors
2637
Which of the following gets extra dividend after its due fixed rate of dividend
- A. Preference shares
- B. Cumulative preference shares
- C. Ordinary shares
- D. Participating preference shares
2638
The marketing concept emphasizes the need to
- A. identify and satisfy customers wants
- B. maximize foreign investment
- C. maximize profit for the company
- D. build a strong and solid brand
2639
A stock exchange broker is engaged in
- A. construction occupation
- B. commercial occupation
- C. extractive occupation
- D. manufacturing occupation
2640
A doctor who attends to patients at home after his official duty is?
- A. a community develoment worker
- B. a direct service worker
- C. an indirect sevice worker
- D. a direct and an indirect sevice worker