by Sunday | Mar 15 | Commerce WAEC
A. could be misleading B. reduce sales C. reduce profit D. causes overstocking Correct Answer: Option A A. could be misleading Explanation False advertising is the use of false, misleading, or unproven information to advertise products to consumers. The advertising...
by Sunday | Mar 15 | Commerce WAEC
A. residual value B. surrender value C. accrued value D. assured value Correct Answer: Option A A. residual value Explanation Residual value insurance helps companies manage asset value risk by guaranteeing that a properly maintained asset will have a specified value...
by Sunday | Mar 15 | Commerce WAEC
A. employees B. entrepreneur C. customer D. manager Correct Answer: Option B B. entrepreneur Explanation Entrepreneur is a person who sets up a business or businesses, taking on financial risks in the hope of profit.
by Sunday | Mar 15 | Commerce WAEC
A. retail trade B. commerce C. marketing D. marketing concept Correct Answer: Option B B. commerce Explanation Commerce relates to “the exchange of goods and services, especially on a large scale”. It includes legal, economic, political, social, cultural...
by Sunday | Mar 15 | Commerce WAEC
A. discounted B. debited C. credited D. cleared Correct Answer: Option D D. cleared Explanation A cleared cheque is the Movement of a check from the bank in which it was deposited to the bank on which it was drawn, and the movement of its face amount in the opposite...