Commerce Past Questions And Answers
An instruction to a bank regular payment to a third party on behalf of a customer is
- A. standing order
- B. money order
- C. money transfer
- D. credit transfer
One of the main objectives of International Bank for Reconstruction and Development(IBRD) is to
- A. settle interbank indebtedness
- B. lend to poor countries
- C. oversee the activities of banks abroad
- D. encourage trade liberalization
(a) Explain five roles of advertising.
(b) Give three advantages and two disadvantages of television as a medium of advertising.
View Discussion (0)WAEC 1995 THEORYThe document of title to goods being shipped abroad is known as
- A. consignment note
- B. ships manifest
- C. bill of entry
- D. bill of lading
Which of the following are forms of sales promotion?
- A. advertising, personal selling and publicity
- B. advertising, market skimming and publicity
- C. personal selling, packaging and publicity
- D. advertising, packaging and publicity
A written partnership contract is known as?
- A. an invoice
- B. a deed
- C. a prospectus
- D. a proposal
A group of sellers who pool their resources to buy goods in large quantities and sell to its members is a
- A. wholesale cooperative society
- B. thrift and credit society
- C. consumer cooperative society
- D. chamber of commerce
Advertising designed to sell more of a company's products than other brands is
- A. persuasive
- B. indirect
- C. competitive
- D. informative
A lawyer that defrauds his client may be derobed by the Nigerian Bar association in order to
- A. protect other lawyers
- B. protect the intergrity of the association
- C. compensate the affected client
- D. prevent the client from sueing the association
The instrument of credit include
- A) Billboards and postal stamps
- B) payment vouchers and statement of account
- C) bills of exchange and promissory notes
- D) bills of exchange and salary vouchers

