by Sunday | Mar 14 | Commerce WAEC
A. revaluation of currency B. sales of foreign reserves C. unrestricted exports D. unrestricted imports Correct Answer: Option D D. unrestricted imports Explanation A balance of payment is a situation in which imports of goods, services, investment income, and...
by Sunday | Mar 14 | Commerce WAEC
A. public corporation B. public limited liability company C. co-operative society D. private limited liability company Correct Answer: Option A A. public corporation Explanation A state-owned or public enterprise is a business enterprise where the government or state...
by Sunday | Mar 14 | Commerce WAEC
A. discourage foreign investors B. promote privatization policy C. ensure production of quality goods D. promote trade within the region Correct Answer: Option D D. promote trade within the region Explanation One of the greatest objectives for ECOWAS is to destroy...
by Sunday | Mar 14 | Commerce WAEC
A. commercialization B. privatization C. deregulation D. nationalization Correct Answer: Option B B. privatization Explanation Privatization is the transfer of a business, industry, or service from public to private ownership and control. Privatization is the process...
by Sunday | Mar 14 | Commerce WAEC
A. endowment B. hull C. fidelity D. accident Correct Answer: Option B B. hull Explanation The Hull policy provides coverage for loss to vessels hull and machinery. it is a contract that provides indemnification for damage sustained to or loss of an insured vessel....