by Sunday | Mar 14 | Commerce WAEC
A. bill of lading B. airway bill C. certificate of origin D. proforma invoice Correct Answer: Option C C. certificate of origin
by Sunday | Mar 14 | Commerce WAEC
A. valuable consideration B. formality C. offer and acceptance D. capacity Correct Answer: Option B B. formality Explanation Formalities in English law are required in some kinds of transaction by English contract law and trusts law. agreements and trusts will be...
by Sunday | Mar 14 | Commerce WAEC
A. E. & O, E B. C.I.F C. EX works D. F.A.S Correct Answer: Option A A. E. & O, E
by Sunday | Mar 14 | Commerce WAEC
A. agent B. hirer C. lesse D. lessor Correct Answer: Option B B. hirer Explanation Hire purchase is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g. 40% of the total) and repays the balance of the price...
by Sunday | Mar 14 | Commerce WAEC
A. oil B. shipping C. machinery D. textile Correct Answer: Option B B. shipping Explanation ‘Invisible Trade ‘. An invisible trade is a business transaction that occurs with no exchange of tangible goods. An invisible trade involves the transfer of...