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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1041:
When an insurance company indemnifies the insured and takes over his rights, this is known as?
  • A Abandonment
  • B Subrogation
  • C Proximate cause
  • D Contribution
View Answer & Explanation
Question 1042:
When an insurance company indemnifies the insured and takes over his rights, this is known as?
  • A Abandonment
  • B Subrogation
  • C Proximate cause
  • D Contribution
View Answer & Explanation
Question 1043:
In a public Limited Liability Companies, equities are referred to as?
  • A Preference shares
  • B Authorized capital
  • C Ordinary shares
  • D Called-up capital
View Answer & Explanation
Question 1044:
In a public Limited Liability Companies, equities are referred to as?
  • A Preference shares
  • B Authorized capital
  • C Ordinary shares
  • D Called-up capital
View Answer & Explanation
Question 1045:
The method of sending message by the teleprinter?
  • A Telephone
  • B Cable gram
  • C Telex
  • D Railex
View Answer & Explanation