by Sunday | Jul 21 | Commerce WAEC
A. printed by the Central Bank B. backed by law C. backed by gold D. issued by all banks Correct Answer: Option B – backed by law
by Sunday | Jul 21 | Commerce WAEC
A. pool resources together B. meet uncertainties in future C. make profit D. lend money to individuals Correct Answer: Option B – meet uncertainties in future
by Sunday | Jul 21 | Commerce WAEC
A. the issuing of treasury bills B. increasing taxation C. increasing the lending rate D. establishing more banks Correct Answer: Option A – the issuing of treasury bills
by Sunday | Jul 21 | Commerce WAEC
A. prompt payment B. credit purchase C. cash purchase D. retailer’s mark-up Correct Answer: Option D – retailer’s mark-up
by Sunday | Jul 21 | Commerce WAEC
A. goods are ordered from a mail-order firm B. money is withdrawn from a fixed deposit account C. granting credit to a new customer D. goods are produced according to specification Correct Answer: Option C – granting credit to a new...