by Sunday | Jul 23 | Commerce WAEC
A. trade surplus B. terms of trade C. trade gap D. balance of trade E. balance of payments Correct Answer: Option E – balance of payments
by Sunday | Jul 23 | Commerce WAEC
i. it is a means of payment in foreign trade. ii. it is document of title to goods. iii. it is a contract of carriage. iv. it is usually drawn in triplicate. A. i and iii only B. i, ii and iii only C. ii and iii only D. ii and iv only E. ii, iii and iv only Correct...
by Sunday | Jul 23 | Commerce WAEC
A. does not involve too much labour B. reduces road congestion C. is fast D. is not easy to detect damages E. is not affected by weather Correct Answer: Option D – is not easy to detect damages
by Sunday | Jul 23 | Commerce WAEC
A. Freight insurance B. Cargo insurance C. General average insurance D. Voyage policy E. Hull insurance Correct Answer: Option E – Hull insurance
by Sunday | Jul 23 | Commerce WAEC
A. Original names of the companies are retained B. Expansion is restricted C. All debts are written off D. The company formed acquires a new name E. All workers are paid bonuses Correct Answer: Option D – The company formed acquires a new...
by Sunday | Jul 23 | Commerce WAEC
A. a trust B. a cartel C. an amalgamation D. a consortium E. a holding company Correct Answer: Option E – a holding company