by Sunday | Jan 8 | Commerce WAEC
A. Principles of management B. Principles of comparative cost C. Principle of double entry D. Theory of migration Correct Answer: Option B B. Principles of comparative cost Explanation International trade is based on the principle of comparative cost advantage that...
by Sunday | Jan 8 | Commerce WAEC
A. Subsidiary B. Syndicate C. Holding Company D. Parent company Correct Answer: Option A A. Subsidiary Explanation Subsidiary is a company in which a holding firm has a controlling interest by acquiring more than 51% of its...
by Sunday | Jan 8 | Commerce WAEC
A. Trust B. Cartel C. Merger D. Price Ring Correct Answer: Option A A. Trust Explanation Trust is an amalgamation of different competing firms in different lines of business under single management. It is vertically integrated in...
by Sunday | Jan 8 | Commerce WAEC
A. Economic environment B. Technological environment C. Political environment D. Cultural environment Correct Answer: Option D D. Cultural environment Explanation The cultural environment look into lifestyles of the people and the attitudes of the...
by Sunday | Jan 8 | Commerce WAEC
A. order cheque B. open cheque C. crossed cheque D. bearer cheque Correct Answer: Option D D. bearer cheque Explanation Bearer cheque is payable to the bearer i.e whoever presents it. It is cashed over the counter without having to be endorsed by the person presenting...