by Sunday | Jul 26 | Commerce WAEC
A. generally acceptable for payment B. easily converted to cash C. the same as money order D. cashed through a bank E. cashed through a post office Correct Answer: Option E – cashed through a post office
by Sunday | Jul 26 | Commerce WAEC
A. can be converted into money order B. can be offered and accepted for payment C. is negotiable D. also takes the form of bank draft E. is portable Correct Answer: Option B – can be offered and accepted for payment
by Sunday | Jul 26 | Commerce WAEC
A. capital owned B. working capital C. issued capital D. liquid capital E. reserved capital Correct Answer: Option E – reserved capital
by Sunday | Jul 26 | Commerce WAEC
A. does not yield interest B. is giving to savings account holders only C. yields interest on the customer before it is granted? D. yields interest only on the sum drawn E. requires no application by the customer before it is granted Correct Answer: Option D –...
by Sunday | Jul 26 | Commerce WAEC
A. the insurance company has accepted his claim B. the damaged properties have been recovered C. he has paid his premium fully D. the insurance company has restored him to his formal position E. he has recovered benefits lost through acting in bad faith Correct...
by Sunday | Jul 26 | Commerce WAEC
A. wholesaler B. retailer C. sole trader D. factor E. merchant Correct Answer: Option D – factor