by Sunday | Mar 16 | Commerce WAEC
A. speculation B. consumption C. specialization D. nationalization Correct Answer: Option B B. consumption Explanation Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services or something of value, between...
by Sunday | Mar 16 | Commerce WAEC
A. increasing prices and product differentiation B. advertising and cutting prices C. refusing credit and customer services D. increasing the markup and margin Correct Answer: Option B B. advertising and cutting prices
by Sunday | Mar 16 | Commerce WAEC
A. shares are sold at par price B. buyer is entitled to the next dividend C. shares are sold above par D. seller has the right to the next dividend Correct Answer: Option D D. seller has the right to the next dividend Explanation The ex-dividend date is normally two...
by Sunday | Mar 16 | Commerce WAEC
A. indemnity B. proximate clause C. insurable interest D. subrogation Correct Answer: Option C C. insurable interest Explanation Insurable interest is defined as the reasonable concern of a person to obtain insurance for any individual or property against unforeseen...
by Sunday | Mar 16 | Commerce WAEC
A. commodity market B. discount market C. money market D. stock market Correct Answer: Option C C. money market Explanation Money market is a component of the financial market for assets involved in short-term borrowing, lending, buying and selling with original...