by Sunday | Jul 26 | Commerce WAEC
A. is sent in anticipation of delivery B. does not show the prices of the goods C. gives additional information about the goods D. shows the pictures of goods being delivered E. is a demand for payment Correct Answer: Option B – does not show the prices of the...
by Sunday | Jul 26 | Commerce WAEC
A. invoice B. consignment note C. debit note D. proforma invoice E. delivery note Correct Answer: Option D – proforma invoice
by Sunday | Jul 26 | Commerce WAEC
A. deferred payment B. hire – purchase C. spot buying D. cash sales E. prompt payment Correct Answer: Option A – deferred payment
by Sunday | Jul 26 | Commerce WAEC
A. agent B. principal C. agent and principal D. third party E. lawyer who drew up the agreement Correct Answer: Option B – agent and principal
by Sunday | Jul 26 | Commerce WAEC
A. excess of income over expenses B. total income from the sale of goods C. difference between sales and purchases D. amount of purchase unless closing stock E. excess of total sales over total purchases Correct Answer: Option A – excess of income over...