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Commerce Past Questions and Answers

Commerce Questions

Question 2056:
WAEC 1995
Terms of trade refers to?
SchoolNGR Classroom
  • A Agreement between two trading countries
  • B Conditions attached to specific trade transaction
  • C The relationship between export and import prices
  • D , the difference between the value imports and exports
  • E All payments made-to other countries and receipts from them
View Answer & Explanation
Question 2057:
WAEC 1995
Another name for shares, stocks and debentures traded in the stock exchange is?
SchoolNGR Classroom
  • A Collateral
  • B Securities
  • C Wares
  • D Partcipating`preference shares
  • E Cumulative preference shares
View Answer & Explanation
Question 2058:
WAEC 1995
Which of the following belongs to the capital market?
SchoolNGR Classroom
  • A Commercial bank
  • B Savings bank
  • C Stock exchange
  • D Bureau de change
  • E Clearing house
View Answer & Explanation
Question 2059:
WAEC 1995
Which of the following is not true of insurance?
SchoolNGR Classroom
  • A A large number of pecple face the same risk
  • B A Possibility of making profit out of an event
  • C Only a small number will actually suffer the loss in any one year
  • D A large number makes a small contribution to a common pool
  • E Possibility of assessing the frequency of occurrence of the event
View Answer & Explanation
Question 2060:
WAEC 1995
Which of the following belongs to the capital market?
SchoolNGR Classroom
  • A Commercial bank
  • B Savings bank
  • C Stock exchange
  • D Bureau de change
  • E Clearing house
View Answer & Explanation

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