by Sunday | Jul 24 | Commerce WAEC
A. quick decision taking B. flexibility in operation C. unlimited liability D. pride of ownership E. ease of commencement Correct Answer: Option C – unlimited liability
by Sunday | Jul 24 | Commerce WAEC
A. a comprehensive insurance B. a whole-life insurance C. an endowment policy D. an annuity E. a third party insurance Correct Answer: Option B – a whole-life insurance
by Sunday | Jul 24 | Commerce WAEC
A. Any unpaid dividend is carried forward B. The shareholders can obtain a capital refund C. They are entitled to further share in profit D. Any unpaid dividend is forfeited E. The dividend declared is accumulated in a reserve account Correct Answer: Option A –...
by Sunday | Jul 24 | Commerce WAEC
A. paid on allotment B. paid on first call C. paid on application D. demanded on shares issued E. paid-up on all shares Correct Answer: Option A – paid on allotment
by Sunday | Jul 24 | Commerce WAEC
A. Transporting B. Advertising C. Importing D. warehousing E. Exporting Correct Answer: Option D – warehousing
by Sunday | Jul 24 | Commerce WAEC
A. Voting rights of the shareholders B. The objects of the business C. The address of the registered office D. Statement that liability is limited E. List of types of shares Correct Answer: Option A – Voting rights of the...