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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 936:

In the capital structure of a Public Limited Company, the term equity refers to

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A Preference shares
B Ordinary shares
C Debentures
D Stocks
E Bonds

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Question 937:

Which of the following is legally used by the insured while the policy is being processed?

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A Cover note
B Proposal form
C Indemnity form
D Premium
E Claim Form

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Question 938:

Which of the following guarantees payment on presentation?

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A Certified cheque
B Crossed cheque
C Order cheque
D Bearer cheque
E Open cheque

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Question 939:

One advantage of direct selling is

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A Low cost
B Immediate feedback
C Mass appeal
D Self-service
E Speedy market coverage

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Question 940:

Which of the following is not a business resource?

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A Market
B Man
C Money
D Machine
E Materials

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