by Sunday | Mar 14 | Commerce WAEC
A. barter trade B. entreport trade C. counter trade D. bilateral trade Correct Answer: Option D D. bilateral trade Explanation Bilateral trade or clearing trade is trade exclusively between two states, particularly, barter trade based on bilateral deals between...
by Sunday | Mar 14 | Commerce WAEC
A. co-operative society B. private company C. sole proprietorship D. public company Correct Answer: Option D D. public company Explanation A certificate of incorporation is a legal document relating to the formation of a company or corporation. It is a license to form...
by Sunday | Mar 14 | Commerce WAEC
A. 1.2 times B. 1.5 times C. 2.0 times D. 7.5 times Correct Answer: Option A A. 1.2 times Explanation To calculate the rate of turnover, the following things are needed; opening stock closing stock cost of goods sold. All this have been given in the question so we go...
by Sunday | Mar 14 | Commerce WAEC
A. channel of communication B. line of production C. means of transportation D. channel of distribution Correct Answer: Option D D. channel of distribution Explanation A channel of distribution is the network of individuals and organizations involved in getting a...
by Sunday | Mar 14 | Commerce WAEC
A. its holders receive interest B. it forms part of a company’s authorized capital C. its owners are co-owners of the company D. its owners control the company Correct Answer: Option A A. its holders receive interest Explanation In corporate finance, a debenture...