by Sunday | Mar 14 | Commerce WAEC
A. uberimae fidei B. caveat venditor C. consumer sovereignty D. caveat emptor Correct Answer: Option D D. caveat emptor Explanation Caveat emptor is a neo-Latin phrase meaning “let the buyer beware. the principle that the seller of a product cannot be held...
by Sunday | Mar 14 | Commerce WAEC
A. an employers association B. a trade association C. a chamber of commerce D. a trade union Correct Answer: Option C C. a chamber of commerce Explanation A chamber of commerce is a form of business network of people whose goal is to further the interests of...
by Sunday | Mar 14 | Commerce WAEC
A. declaring the buyer bankrupt B. retaining the possession of the goods C. stopping the goods while in transit D. reselling the goods Correct Answer: Option A A. declaring the buyer bankrupt Explanation Although ownership of the goods is passed to the buyer after the...
by Sunday | Mar 14 | Commerce WAEC
A. planning B. motivating C. staffing D. directing Correct Answer: Option C C. staffing Explanation Staffing is the process of hiring, positioning and overseeing employees in an organization.
by Sunday | Mar 14 | Commerce WAEC
A. sail at schedule time on fixed routes A. sail anytime to any place where there is cargo C. carry only cargo D. carry only liquid Correct Answer: Option A A. sail anytime to any place where there is cargo Explanation An ocean liner is a passenger ship primarily used...