by Sunday | Jul 29 | Commerce WAEC
A. Surrender value B. cash bonus C. assured sum D. dividend E. premium Correct Answer: Option A – Surrender value
by Sunday | Jul 29 | Commerce WAEC
A. name of the company B. location of the company C. names of the Board of Directors D. limitation of member’s liability E. objectives of the company Correct Answer: Option C – names of the Board of Directors
by Sunday | Jul 29 | Commerce WAEC
A. the individual member’s capital is limited B. the total sum of the company’s capital is limited C. members are liable to the extent of their holding D. company’s location is limited E. a shareholder has only one vote Correct Answer: Option C...
by Sunday | Jul 29 | Commerce WAEC
A. Endowment B. Freight C. Accident D. Fidelity E. Fire Correct Answer: Option B – Freight Explanation: Marine Insurance is a type of insurance that covers cargo losses or damage caused to ships, cargo vessels, terminals, and any transport in which goods are...
by Sunday | Jul 29 | Commerce WAEC
A. trade debts B. personal accidents C. dishonest staff D. fire disaster E. sea disaster Correct Answer: Option C – dishonest staff