by Sunday | Mar 16 | Commerce WAEC
A. Trade Association B. Trade Union C. Chamber of Commerce D. Consumer’s Association Correct Answer: Option A A. Trade Association Explanation Trade association is a voluntary organization of independent business units in the same branch of industry. It aims to...
by Sunday | Mar 16 | Commerce WAEC
A. recorded delivery service B. post restante C. express delivery service D. business reply service Correct Answer: Option C C. express delivery service
by Sunday | Mar 16 | Commerce WAEC
A. bonds B. debentures C. trade credit D. ordinary shares Correct Answer: Option C C. trade credit Explanation Trade credit is an essential tool for financing growth. Trade credit is the credit extended to you by suppliers who let you buy now and pay later. Any time...
by Sunday | Mar 16 | Commerce WAEC
A. An active partner B. a limited partner C. A dormant partner D. a nominal partner Correct Answer: Option A A. An active partner Explanation An active partner is an invested person who is involved in the daily operations of the partnership. An active partner helps...
by Sunday | Mar 16 | Commerce WAEC
A. paid-up capital B. called-up capital C. issued capital D. nominal capital Correct Answer: Option A A. paid-up capital