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Commerce 1991 WAEC Past Questions

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61
Which of the following are elements of the economic environment of business?
  • A. Government policy
  • B. Norm and value
  • C. Politics
  • D. inflation and unemployment
  • E. Family and peer groups
View Answer & Discuss WAEC 1991
62
Which of the following is not a necessary document in incorporating a company?
  • A. Memorandum of Association
  • B. Articles of Association
  • C. A statement of nominal capital
  • D. A certificate of Trading
  • E. A statement of minimum subscription
View Answer & Discuss (2) WAEC 1991
63
Details of a new share for which the public is being invited to subscribe are contained in the?
  • A. Memorandum of Association
  • B. Certificate of Trading
  • C. Certificate of Incorporation
  • D. Prospectus
  • E. Balance sheet
View Answer & Discuss WAEC 1991
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64
Which of the following accompanies goods supplied and forms a receipt when signed by the consignee?
  • A. Invoice
  • B. Order
  • C. Delivery note
  • D. Requisition note
  • E. Advice note
View Answer & Discuss (1) WAEC 1991
65
A cover note is a?
  • A. Document of title to goods
  • B. letter from the tax authority
  • C. label attached to goods foe indentification
  • D. temporary insurance certificate
  • E. letter issued by banks to customers
View Answer & Discuss WAEC 1991
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