by Sunday | Jul 21 | Commerce WAEC
A. a form of loan B. compliment to a good customer C. provision of services D. a means of saving money E. a rebate for large purchases Correct Answer: Option A – a form of loan
by Sunday | Jul 21 | Commerce WAEC
A. Installment B. Granting trade discount C. Providing spare parts D. Repairing of product E. Replacing damaged goods Correct Answer: Option B – Granting trade discount
by Sunday | Jul 21 | Commerce WAEC
A. Customer pays initial deposit B. Customer pays purchase price plus interest C. Payment is by instalment D. Ownership of goods passes to the customer on payment of a deposit E. Generally suitable for sales of durable goods Correct Answer: Option D – Ownership...
by Sunday | Jul 21 | Commerce WAEC
A. total volume of sales B. number of times goods are bought and sold C. number of times goods are counted D. total value of goods in the store E. the quality of goods sold Correct Answer: Option B – number of times goods are bought and...
by Sunday | Jul 21 | Commerce WAEC
A. Installment of the product B. Provision of credit facilities C. Maintenance of product for a period of time D. Transportation and delivery services E. Acceptance of damaged goods Correct Answer: Option B – Provision of credit...
by Sunday | Jul 21 | Commerce WAEC
A. credit sales B. hire purchase C. conditional sale D. trade-in-sale E. leasing Correct Answer: Option C – conditional sale