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Commerce Past Questions and Answers
Classroom
Waec
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Exam year
Question type:
Question type
Objective
Theory
Topics:
Topics
Waec Commerce Questions
Question 1401:
WAEC 2005
Which of the following is not provided by the post office?
SchoolNGR Classroom
A
Recorded delivery service
B
Business reply service
C
Express delivery service
D
After sales service
View Answer & Explanation
Question 1402:
WAEC 2005
Which of the following is not a principle of insurance
SchoolNGR Classroom
A
Indemnity
B
Insurable risk
C
Subrogation
D
Insurable interest
View Answer & Explanation
Question 1403:
WAEC 2005
Which of the following terms is used in marine insurance when the cargo suffers partial loss?
SchoolNGR Classroom
A
General Average
B
Particular Average
C
Floating Policy
D
Open Cover
View Answer & Explanation
Question 1404:
WAEC 2005
Which of the following is not a function of money?
SchoolNGR Classroom
A
Double coincidence of wants
B
Medium of exchange
C
Measure of value
D
Store of wealth
View Answer & Explanation
Question 1405:
WAEC 2005
Which of the following is true of rail transport?
SchoolNGR Classroom
A
Suitable for perishable goods
B
Cheaper over long distances
C
It does not require trans-shipment of goods
D
Has no fixed route
View Answer & Explanation
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