Commerce Past Questions And Answers
The document that gives an importer freehand to obtain goods form any manufacturer is
- A. A closed indent
- B. A consular invoice
- C. A freight note
- D. An open indent
The merger of a textile mill, a cement company and a tannery is referred to as?
- A. conglomerate merger
- B. horizontal merger
- C. lateral merger
- D. vertiical merger
Farmers and all other workers concerned with getting raw materials from the earth are engaged in
- A. commercial occupation
- B. manufacturing occupation
- C. constructive occupation
- D. extractive occupation
State five aids to trade and explain how each facilitates trade.
View Discussion (0)WAEC 1996 THEORYA current account is beneficial to its holder as?
- A. cheques can be issued to anybody
- B. customers cannot withdraw frequently
- C. it is only the holder that can make withdrawals
- D. it allows customers the use of passbooks
Which of the following must be stated in the article of association?
- A. the objects of the company
- B. the registered office address of the company
- C. the method of issue and transfer of shares
- D. Statement that liabilities are limited
A service whereby NIPOST undertakes to collect money due to the sender of a parcel is called?
- A. C.O.D
- B. C.W.O
- C. C.I.F
- D. F.O.B
The World Tourism Organization has its headquarters in?
- A. New York
- B. Paris
- C. Madrid
- D. London
If 20 cm3 of sodium hydroxide was neutralized by 20 cm3 of 0.01 mol dm3 tetraoxosulphate(VI) acid, what is the concentration of the solution?
- A. 0.010
- B. 0.020
- C. 0.100
- D. 0.150
A company has an authorized capital of 40 million shares at N1 per share, out of which 32 million shares have been issued and fully paid-up. The remaining 8 million shares have
- A. been issued but have not been paid-up
- B. been applied for but not issued
- C. not been paid-up
- D. not yet been issued