by Sunday | Mar 15 | Commerce WAEC
A. trade debt B. personal accident C. dishonest staff D. fire disaster Correct Answer: Option C C. dishonest staff Explanation Fidelity Guarantee insurance is an insurance policy designed to indemnify the Insured (the employer) for the loss of money or property...
by Sunday | Mar 15 | Commerce WAEC
A. debit note B. proforma invoice C. letter of credit D. credit note Correct Answer: Option D D. credit note Explanation A credit note is a letter sent by the supplier to the customer notifying the customer that he or she has been credited a certain amount due to an...
by Sunday | Mar 15 | Commerce WAEC
A. it shows record of damaged goods B. it is not a stained bill C. it is a document of authority D. it shows no record of damaged goods Correct Answer: Option D D. it shows no record of damaged goods Explanation A clean bill of lading is one kind of bill of lading,...
by Sunday | Mar 15 | Commerce WAEC
A. C.I.F B. I.O.U C. C.W.O D. E.O.E Correct Answer: Option D D. E.O.E Explanation E.O.E; is An abbreviation for “errors and omissions excepted,” a disclaimer stating that information in a document is not necessarily accurate. E&OE, statements are most...
by Sunday | Mar 15 | Commerce WAEC
(i) cattle rearing, lumbering, and farming (ii) mining, quarrying, and hunting (iii) shipbuilding, road construction, and iron bending (iv) singing, dancing, and tailoring A. i and iii only B. i, ii and iv C. i and ii D. ii, iii and iv Correct Answer: Option C C. i...