by Sunday | Jul 23 | Commerce WAEC
A. total transfer of risk from one company to another B. protection of insurance company by the government C. protection of the insured by the third party D. collection of indemnity by third party only E. transfer of a portion of risk from one insurer to another...
by Sunday | Jul 23 | Commerce WAEC
A. reduce the remittance of profits aboard B. increase the control of the government over its economy C. expose the indigenes to different business enterprises D. collection of indemnity by third party only E. transfer of a portion of risk from one insurer to another...
by Sunday | Jul 23 | Commerce WAEC
A. rights issue B. bonus issue C. private placing D. debenture issue E. preference share issue Correct Answer: Option C – private placing
by Sunday | Jul 23 | Commerce WAEC
A. #1,725.00 B. #1,425.00 C. #1,275.00 D. #1,225.00 E. #1,200.00 Correct Answer: Option C – #1,275.00
by Sunday | Jul 23 | Commerce WAEC
A. del credere-agent B. general agent C. broker D. factor E. special agent Correct Answer: Option D – factor
by Sunday | Jul 23 | Commerce WAEC
A. #5,900 B. #1,900 C. #1,100 D. #900 E. #100 Correct Answer: Option C – #1,100