by Sunday | Jul 23 | Commerce WAEC
A. floating capital B. fixed capital C. working capital D. paid-up capital E. current capital Correct Answer: Option B – fixed capital
by Sunday | Jul 23 | Commerce WAEC
A. indemnity B. the sum insured C. the surrender value D. compensation E. premium Correct Answer: Option C – the surrender value
by Sunday | Jul 23 | Commerce WAEC
A. Telephone B. Express letter C. Recorded delivery D. Airmail letter E. Telegraph Correct Answer: Option A – Telephone
by Sunday | Jul 23 | Commerce WAEC
A. Central Bank cheque B. Bank notes C. Bank draft D. Traveller’s cheque E. Bill of exchange Correct Answer: Option B – Bank notes
by Sunday | Jul 23 | Commerce WAEC
A. Expiry of agreed time B. Termination of venture C. One partner becomes dormant D. Mutual consent of the partners E. Bankruptcy of partners Correct Answer: Option C – One partner becomes dormant