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One of the qualities of tradable goods is?

One of the qualities of tradable goods is?

by Sunday | Apr 5 | Commerce WAEC

A. divisibility B. heterogeneity C. homogeneity D. perishability Correct Answer: Option D – perishability
One of the qualities of tradable goods is?

The amount a current account holder is allowed to withdraw in excess of the balance in his account is

by Sunday | Apr 5 | Commerce WAEC

A. standing order B. overdraft C. interest D. credit transfer Correct Answer: Option B – overdraft
One of the qualities of tradable goods is?

Which of the following instruments of payment could be used in international trade?

by Sunday | Apr 5 | Commerce WAEC

A. Promissory note B. B. Postal order C. I. O.U D. Bill of exchange Correct Answer: Option D – Bill of exchange
One of the qualities of tradable goods is?

The purpose for which the Central Bank sells securities is to

by Sunday | Apr 5 | Commerce WAEC

A. reduce the interest rate B. reduce cash in the economy C. increase cash in the economy D. incrcase the interest rate Correct Answer: Option B – reduce cash in the economy
One of the qualities of tradable goods is?

Which of the following means of payment requires acceptance by the debtor to make it valuable?

by Sunday | Apr 5 | Commerce WAEC

A. Bearer’s cheque B. Bill of exchange C. Postal order D. Promissory note Correct Answer: Option B – Bill of exchange
One of the qualities of tradable goods is?

One of the functions of the ports authority is?

by Sunday | Apr 4 | Commerce WAEC

A. checking the activities of smugglers. B. collecting import duties C. enforcing law ad order in harbours D. providing warehousing services. Correct Answer: Option C – enforcing law ad order in harbours
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