by Sunday | Mar 14 | Commerce WAEC
A. The Gambia B. Cameroon C. Ghana D. Guinea Correct Answer: Option B B. Cameroon Explanation The Lake Chad Basin Commission is an intergovernmental organization that oversees water and other natural resource usages in the basin. There are eight member...
by Sunday | Mar 14 | Commerce WAEC
A. usury law B. copyright law C. trademark D. hire purchase Correct Answer: Option B B. copyright law Explanation The copyright law is the law that grants the creator of an original work exclusive rights to determine whether, and under what conditions, this original...
by Sunday | Mar 14 | Commerce WAEC
A. abrogate the contract B. re-insure the property C. take over any legal rights of the insured D. take over all the liabilities of the insured Correct Answer: Option C C. take over any legal rights of the insured Explanation In simple words, the Subrogation Principle...
by Sunday | Mar 14 | Commerce WAEC
A. trade associations B. labour unions C. chamber of commerce D. custom and excise authorities Correct Answer: Option C C. chamber of commerce Explanation FUNCTIONS OF CHAMBERS OF COMMERCE 1. Performing the role of spokesman of the business community. 2. Collection...
by Sunday | Mar 14 | Commerce WAEC
A. publicity B. exhibition C. competition D. free samples Correct Answer: Option C C. competition Explanation Sales promotion tools 1. Samples Samples are one of the most important tools of sales promotion. Samples are defined as offers to consumers of a small amount...