Commerce WAEC - Page 37 Of 333

Which of the following is not necessary when ordering goods?

by Sunday | Jul 30 | Commerce WAEC

A. Trade journal B. Letter of inquiry C. Invoice D. Order form E. Catalogue Correct Answer: Option C – Invoice

The last link in the chain of distribution is the?

by Sunday | Jul 30 | Commerce WAEC

A. wholesaler B. retailer C. consumer D. factor E. advertiser Correct Answer: Option C – consumer

The rate at which a country’s exports exchange for its imports is called?

by Sunday | Jul 30 | Commerce WAEC

A. balance of payments B. balance of trade C. terms of delivery D. terms of trade E. counter trade Correct Answer: Option D – terms of trade

It is advantageous to provide services which are natural monopoly through?

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A. sole trades B. partnership C. public limited liabilities companies D. public enterprises E. co-operative societies Correct Answer: Option D – public enterprises

The process whereby a firm buys over the assets and liabilities of another firm is known as?

by Sunday | Jul 30 | Commerce WAEC

A. amalgamation B. cartel C. factoring D. holding E. combine Correct Answer: Option D – holding

Any powers exercise by a company in pursuance of objectives not authorized by the Memorandum of Association is regarded as?

by Sunday | Jul 30 | Commerce WAEC

A. a trespass B. a nuisance C. ultra vires D. uberrimae fidei E. caveat emptor Correct Answer: Option C – ultra vires

Which of the following is not necessary when ordering goods?

The last link in the chain of distribution is the?

The rate at which a country’s exports exchange for its imports is called?

It is advantageous to provide services which are natural monopoly through?

The process whereby a firm buys over the assets and liabilities of another firm is known as?

Any powers exercise by a company in pursuance of objectives not authorized by the Memorandum of Association is regarded as?

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