Search SchoolNGR

Saturday, 14 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 2211:
The bank which acts as the lender of last resort is the?
  • A Central bank
  • B Commercial bank
  • C Merchant bank
  • D Mortgage bank
View Answer & Explanation
Question 2212:
The issue of shares which allows existing shareholders to buy shares at a preferential price is?
  • A Bonus issue
  • B Offer for sale
  • C Public offer
  • D Rights issue
View Answer & Explanation
Question 2213:
The financial market where existing shares and bonds are bought and sold is the?
  • A Forex market
  • B Stock market
  • C Money market
  • D Commodity market
View Answer & Explanation
Question 2214:
An insurance policy which is not a contract of indemnity is?
  • A Burglary insurance
  • B Fire insurance
  • C Life insurance
  • D Motor insurance
View Answer & Explanation
Question 2215:
When a company insures the lives of all its employees collectively, the policy is?
  • A Accident insurance
  • B Fleet insurance
  • C Fidelity guarantee insurance
  • D Group insurance
View Answer & Explanation