by Sunday | Jul 23 | Commerce WAEC
A. The minimum number of shareholders is two B. its shares are freely transferable C. There is a limit to the number of shareholders D. it is following separate legal entity E. it is a registered business Correct Answer: Option B – its shares are freely...
by Sunday | Jul 23 | Commerce WAEC
A. Insufficient funds B. Different amounts in words and figures C. Uninitiated alteration D. Wrong signature E. Special crossing Correct Answer: Option E – Special crossing
by Sunday | Jul 23 | Commerce WAEC
i. Bill of lading ii. Specific Licenses iii. Foreign exchange rationing iv. Letters of credit v. Customs duties and tariffs A. i, ii and v only B. ii, iii and v only C. iii, iv and v only D. i, ii and iv only E. ii, iii and iv only Correct Answer: Option B – ii,...
by Sunday | Jul 23 | Commerce WAEC
A. Nature of the product B. Identification of potential customers C. Operating costs D. Existing local channel of distribution E. Provision of credit facilities to customers Correct Answer: Option E – Provision of credit facilities to...
by Sunday | Jul 23 | Commerce WAEC
A. charter by demise B. charter parties C. voyage charters D. time charter E. marine policy Correct Answer: Option D – time charter
by Sunday | Jul 23 | Commerce WAEC
A. tramp B. liner C. special freighter D. voyage charter E. flying boat Correct Answer: Option A – tramp