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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 611:

Selling a bill in less than the face of the value for immediate cash before the due date is to?

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A Retire the bill
B Honour the bill
C Discount the bill
D Protest the bill
E Withdraw the bill

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Question 612:

Which of the following is a non- indemnity insurance?

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A Marine
B Life
C Fire
D Bad debts
E Burglary

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Question 613:

Which of the following regulates and controls the activities of the Nigerian Stock Exchange?

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A Central Bank
B Association of Commercial Banks
C Securities and Exchange Commission (SEC)
D Nigerian Association of Chambers of Commerce
E Brokers and Jobbers

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Question 614:

Which of the following regulates and controls the activities of the Nigerian Stock Exchange?

SchoolNGR Classroom

A Central Bank
B Association of Commercial Banks
C Securities and Exchange Commission (SEC)
D Nigerian Association of Chambers of Commerce
E Brokers and Jobbers

View Answer & Explanation

Question 615:

A cheque drawn by a bank on itself is a?

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A Credit transfer
B Direct debt
C Certified cheque
D Bankdraft

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