Commerce Past Questions And Answers
611
When goods are sent through an independent carrier, the document used by the sender is
- A. a delivery note
- B. an advice note
- C. an invoice
- D. a consignment note
612
The first stage in tourism planing is?
- A. assessing feedback from tourists
- B. preparing a list of tourists
- C. creating recreational opportunities
- D. building community supportD. building community support
613
Bank giro is a system where?
- A. commercial banks can give loan to all customers
- B. a central bank opens account for commercial banks
- C. a customer uses cheque to pay serveral bills
- D. a customer closes his account by writting cheque
614
The manufacturers' Association of Nigeria is an example of a?
- A. labour union
- B. pressure group
- C. conglomerate
- D. cartel
615
An organizational structure that is military in nature is the?
- A. line structure
- B. staff structure
- C. line and staff structure
- D. functional structure
616
A public company with an authorized capital of N60,000, issued N36,000 shares at 1.50k each. What is its capital?
- A. N60,000
- B. N36,000
- C. N54,000
- D. N90,000
617
A retail outlet meant to sell only a particular manufacturer's product is known as a
- A) Co-operative Shop
- B) Chain store
- C) Department store
- D) Tied shop
618
Explain five services of each of the following; (a) Courier firms (b) NITEL
View Discussion (0)WAEC 1997 THEORY619
ln which of the following environments does a firm that uses out-dated equipment operate?
- A. Economic
- B. Technological
- C. Social
- D. Political
620
A person authorized to sell the property of a company in a winding up is
- A. an auctioneer
- B. an agent
- C. a liquidator
- D. a bailee