by Sunday | Apr 20 | Commerce WAEC
A. the basis of participation B. the basis of shares held C. patronage basis D. equal basis Correct Answer: Option D = equal basis
by Sunday | Apr 20 | Commerce WAEC
A. sole proprietorship B. public company C. partnership D. cooperative society Correct Answer: Option C = partnership
by Sunday | Apr 20 | Commerce WAEC
A. it is hard to determine the exchange rate of goods B. it does not encourage purchase of large quantities and varieties C. deferred payment is not possible because goods exchange are not durable D. one has to find someone who wants his surplus and also has what he...
by Sunday | Apr 20 | Commerce WAEC
A. producer association B. thrift society C. chamber of commerce D. consumer association Correct Answer: Option A – producer association
by Sunday | Apr 20 | Commerce WAEC
A. an active partner B. a limited partner C. a nominal partner D. a sleeping partner Correct Answer: Option C = a nominal partner Explanation A nominal partner is a person who does not have any real interest in the business or the working of the firm nor has any...
by Sunday | Apr 20 | Commerce WAEC
A. a loan B. a share C. labour D. land Correct Answer: Option C – land
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