by Sunday | Jul 29 | Commerce WAEC
A. memorandum of association B. articles of association C. prospectus D. certificate of incorporation E. certificate of trading Correct Answer: Option B – articles of association
by Sunday | Jul 29 | Commerce WAEC
A. make profit B. provide employment C. provide essential services D. compete with entrepreneurs E. establish a monopoly Correct Answer: Option C – provide essential services
by Sunday | Jul 29 | Commerce WAEC
A. sundry debtors B. patent C. machinery and plant D. goodwill E. loose tools Correct Answer: Option A – sundry debtors
by Sunday | Jul 29 | Commerce WAEC
A. fixed capital B. working capital C. equity capital D. capital employed E. authorized capital Correct Answer: Option B – working capital
by Sunday | Jul 29 | Commerce WAEC
I. foreign investment II. long-term lending III. short-term lending IV. foreign exchange reserve V. short-term borrowing. A. I & II only B. III & V only C. II, III & IV only D. I, III & IV only E. II, IV & V only Correct Answer: Option A – I...
by Sunday | Jul 29 | Commerce WAEC
A. bank overdraft B. government subsidy C. undistributed profit D. bank loan E. share subscriptions Correct Answer: Option E – share subscriptions