by Sunday | Jan 8 | Commerce WAEC
A. Prompt cash B. Cash on delivery C. Spot cash D. Cash with order Correct Answer: Option C C. Spot cash Explanation A spot price is a price that is the current price and at which the instant delivery takes place. Spot payment or price is the same as the market...
by Sunday | Jan 8 | Commerce WAEC
A. postal zero B. postal orders C. poundage D. brokage Correct Answer: Option C C. poundage Explanation Poundage is a commission paid or charged on postal order. The sender fills the name of the person to be paid and can only be cashed by...
by Sunday | Jan 8 | Commerce WAEC
A. The Forces of demand and supply B. Activities of speculators C. Political situation of a country D. Financial statements of the company Correct Answer: Option D D. Financial statements of the company Explanation Securities are investments which are traded in the...
by Sunday | Jan 8 | Commerce WAEC
A. There is a fail in prices of Securities B. There is a rise in prices of Securities C. There is a rise above the offer prices D. The speculator fails to deliver stock to the buyer Correct Answer: Option B B. There is a rise in prices of Securities Explanation A...
by Sunday | Jan 8 | Commerce WAEC
A. Human resources B. Money resources C. Material resources D. Opportunities Correct Answer: Option A A. Human resources Explanation Human resources are the most important resources because it plans, controls, organizes and co-ordinates all other resources to achieve...