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Commerce 1991 WAEC Past Questions

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26
The value stated on the share certificate as opposed to the current value is called?
  • A. premium value
  • B. exchange value
  • C. nominal value
  • D. discount value
  • E. market value
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27
The state of scientific knowledge and production process obtainable in a country is part of the?
  • A. economic environment of business
  • B. political environment of business
  • C. legal environment of business
  • D. techonolgical environment of business
  • E. cultrual environment of business
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28
The Act designed to reserve certain businesses exclusively for Nigerians is known as the?
  • A. Sale of Goods Act
  • B. Weights and Measures Act
  • C. Nigerian Enterprises Promotion Act
  • D. Standards Organization of Nigeria Act
  • E. Trade Marks Act
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29
Which of the following involves gathering and analysing information about demand, consumers wants and new products?
  • A. Sales promotion
  • B. Market research
  • C. Personal selling
  • D. After-sales service
  • E. Physical distribution
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30
Which of the following must be submitted to the Registrar of Companies before the company is incorporated?
  • A. Articles of Association and Certificate of Incorporation
  • B. Memorandum of Association and Certificate of Incorporation
  • C. Articles of Association and Memorandum of Association
  • D. Memorandum of association and Prospectus
  • E. Certificate of Incorporation and Prospectus
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