by Sunday | Mar 15 | Commerce WAEC
A. trade union B. co-operative society C. trade association D. chamber of commerce Correct Answer: Option D D. chamber of commerce Explanation A Chamber of Commerce does more than serve as a marketing vehicle for local businesses. It has an important role in local...
by Sunday | Mar 15 | Commerce WAEC
A. certificate of incorporation B. memorandum of association C. article of association D. certificate of trading Correct Answer: Option B B. memorandum of association Explanation A Memorandum of Association (MOA) is a legal document prepared in the formation and...
by Sunday | Mar 15 | Commerce WAEC
A. liquidity of the firm B. death of the employee C. insanity of partner D. resignation of an employee Correct Answer: Option C C. insanity of partner Explanation Partnership dissolution refers to the termination of a partnership as well as the cessation of its...
by Sunday | Mar 15 | Commerce WAEC
A. cooperative B. public enterprise C. private enterprise D. limited company Correct Answer: Option B B. public enterprise
by Sunday | Mar 15 | Commerce WAEC
A. sole proprietorship B. partnership C. co-operative society D. public company Correct Answer: Option C C. co-operative society Explanation The cooperative societies work with democratic principle of ‘one man one vote’. All the members get only one voting...