by Sunday | Jul 23 | Commerce WAEC
A. It is a contract for carriage by sea B. Its document shows freight charges and destination C. There are time, voyage and charter by demise D. The whole or part of a ship is leased E. An association of ship owners Correct Answer: Option E – An association of...
by Sunday | Jul 23 | Commerce WAEC
A. High speed B. Less risk C. High cost D. Moves on schedule E. Conveys perishable goods Correct Answer: Option C – High cost
by Sunday | Jul 23 | Commerce WAEC
A. Facilitates identification of goods B. Leads to increased sales and deeper loyalty C. Makes market segmentation easier D. Encourages pilfering E. Facilitates advertising Correct Answer: Option D – Encourages...
by Sunday | Jul 23 | Commerce WAEC
A. trade surplus B. terms of trade C. trade gap D. balance of trade E. balance of payments Correct Answer: Option E – balance of payments
by Sunday | Jul 23 | Commerce WAEC
i. it is a means of payment in foreign trade. ii. it is document of title to goods. iii. it is a contract of carriage. iv. it is usually drawn in triplicate. A. i and iii only B. i, ii and iii only C. ii and iii only D. ii and iv only E. ii, iii and iv only Correct...