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Commerce 1991 WAEC Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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41
Which of the following is not provided by NIPOST?
  • A. Private Mail Bag
  • B. Record Delivery
  • C. Business Reply Service
  • D. Telegram
  • E. Poste Restante
View Answer & Discuss (1) WAEC 1991
42
A service provided by NITEL through which one can dial any number one wants whether it is a local, trunk or overseas is called the?
  • A. Internal Communication System
  • B. Standard Dialling System
  • C. Subscribers Dialling System
  • D. International Telecommunications
  • E. Coded Dialling Order
View Answer & Discuss WAEC 1991
43
The two main categories of marine losses are?
  • A. Total loss and partial loss
  • B. Total loss and particular average loss
  • C. Total loss and constructive total loss
  • D. Total loss and actual total loss
  • E. Partial loss and constructive total loss
View Answer & Discuss WAEC 1991
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44
Restoring the insured to his former position by the insurer in the event of his suffering the specified loss is called?
  • A. Subrogation
  • B. Compensation
  • C. Indemnity
  • D. Contribution
  • E. Surrender value
View Answer & Discuss WAEC 1991
45
The manufacturer would by-pass the wholesaler and the retailer in the distribution of his products if the?
  • A. Demand is widespread
  • B. Wholesaler and retailer lack office accomodation
  • C. Volume of production is high
  • D. The product make-up and use are highly technical
  • E. Manufacturer has no warehouse
View Answer & Discuss WAEC 1991
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