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Commerce 1989 WAEC Past Questions

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41
Which of the following is not an obligation of a common carrier?
  • A. Carrying goods securely and safely
  • B. Liability for losses and demages
  • C. Delivery of goods at appropriate places
  • D. insuring goods intransit
  • E. passing through agreed routes
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42
Which of the following conditions may make the manufacturer sell directly to the consumer?
  • A. brake in communication
  • B. Inaccessibility of the wholesaler's warehouse
  • C. The nature of the commodity involved
  • D. inadequate transport facility
  • E. Trade imbalance
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43
The three main types of speculators found in the Stock Exchange market are?
  • A. stags, brokers, and bulls
  • B. bulls, bears, and stag
  • C. bears, jobbers and jobbers
  • D. bulls, brokers and bears
  • E. stags, agents and jobbers
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44
Which of the following is a disadvantage of Hire Purchase to the consumer?
  • A. Its increases turnover
  • B. Temptation to buy more than one can pay for
  • C. It demands more capitals from the seller
  • D. Increased sales lower the seller's units cost
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45
Which of the following functions is performed by the stock exchange markets?
  • A. Provision for bulk purchase
  • B. Issuing of treasury bills
  • C. Provision of the purchase and sale of existing securities
  • D. Discounting bills of exchange
  • E. Providing for short-term investment
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WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709