by Sunday | Jun 1 | Commerce WAEC
A. is a medium of exchange B. serves as a store of value C. is easily recognizable D. make deferred payments possible Correct Answer: Option C C. is easily recognizable
by Sunday | Jun 1 | Commerce WAEC
A. disclose all material information B. have financial risks in object insured C. collect compensation from only insurer D. surrender legal rights after compensation Correct Answer: Option D D. surrender legal rights after...
by Sunday | Jun 1 | Commerce WAEC
A. injury to the crew of the ship B. non-payment of freight C. damage to the cargo D. damage to body of the ship Correct Answer: Option D D. damage to body of the ship
by Sunday | Jun 1 | Commerce WAEC
A. over-insurance B. re-insurance C. under insurance D. group insurance Correct Answer: Option B B. re-insurance
by Sunday | Jun 1 | Commerce WAEC
A. discount rate B. bank rate C. market rate D. interest rate Correct Answer: Option B B. bank rate
by Sunday | Jun 1 | Commerce WAEC
A. bonds B. debentures C. stocks D. treasury bills Correct Answer: Option C C. stocks