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Commerce 1991 WAEC Past Questions

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36
The insurance cover on property being shipped from one location to another comes under?
  • A. Burglary insurance
  • B. Fire insurance
  • C. Marine insurance
  • D. Annuity insurance
  • E. Comprehensive automobile insurance
View Answer & Discuss WAEC 1991
37
Debentures are part of a company's?
  • A. Authorized share capital
  • B. Issued share capital
  • C. Paid-up capital
  • D. Loan capital
  • E. Called-up capital
View Answer & Discuss WAEC 1991
38
An application form which is filled by anyone taking out an insurance policy is called?
  • A. A policy form
  • B. A claims form
  • C. A proposal form
  • D. A questionnaire
  • E. An entry form
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39
A customer is granted an overdraft by the bank subject to his operating a?
  • A. Savings account
  • B. Fixed-deposit account
  • C. Call-deposit account
  • D. Current account
  • E. Loans account
View Answer & Discuss WAEC 1991
40
The total assets acquired for permanent use in a business concern is called?
  • A. Current assets
  • B. Fixed assets
  • C. Called-up capital
  • D. Working capital
  • E. Authorized capital
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