by Sunday | Jul 24 | Commerce WAEC
A. quick decision taking B. flexibility in operation C. unlimited liability D. pride of ownership E. ease of commencement Correct Answer: Option C – unlimited liability
by Sunday | Jul 24 | Commerce WAEC
A. a comprehensive insurance B. a whole-life insurance C. an endowment policy D. an annuity E. a third party insurance Correct Answer: Option B – a whole-life insurance
by Sunday | Jul 24 | Commerce WAEC
A. Any unpaid dividend is carried forward B. The shareholders can obtain a capital refund C. They are entitled to further share in profit D. Any unpaid dividend is forfeited E. The dividend declared is accumulated in a reserve account Correct Answer: Option A –...
by Sunday | Jul 24 | Commerce WAEC
A. paid on allotment B. paid on first call C. paid on application D. demanded on shares issued E. paid-up on all shares Correct Answer: Option A – paid on allotment
by Sunday | Jul 24 | Commerce WAEC
A. Transporting B. Advertising C. Importing D. warehousing E. Exporting Correct Answer: Option D – warehousing