by Sunday | Jul 24 | Commerce WAEC
A. Buying, financing, selling and transporting B. Sorting, grading, managing and storage C. Risk-bearing, storage, production and promotion D. Organizing, risk-bearing, transporting and storage E. Production, promotion, distribution and pricing Correct Answer: Option...
by Sunday | Jul 24 | Commerce WAEC
A. at a lower price than in the home market B. at a higher price than in the home market C. at the same price as in the home market D. on credit in the foreign market E. for ready cash in the foreign market Correct Answer: Option A – at a lower price than in the...
by Sunday | Jul 24 | Commerce WAEC
A. a factor B. a del credere agent C. a broker D. a partner E. an auctioneer Correct Answer: Option B – a del credere agent
by Sunday | Jul 24 | Commerce WAEC
A. #675.00 B. #425.00 C. #250.00 D. #175.00 E. #75.00 Correct Answer: Option B – #425.00
by Sunday | Jul 24 | Commerce WAEC
A. letter of credit B. letter of attorney C. open indent D. closed indent E. bill of laden Correct Answer: Option D – closed indent
by Sunday | Jul 24 | Commerce WAEC
A. Chamber of Commerce B. trade association C. trade union D. consortium E. cartel Correct Answer: Option C – trade union