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Commerce 1992 WAEC Past Questions

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46
A bill of lading is best described as the?
  • A. document of title to, the goods on board a ship
  • B. certificate of value for the goods on board
  • C. evidence of payment of customs duties
  • D. certified of goods
  • E. certified of quality of goods imported
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47
Organization licensed and authorized to deliver fast malls, and parcels are engaged in?
  • A. courier services
  • B. career services
  • C. post-free sevices
  • D. haulage services
  • E. transport services
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48
Parties to bill of exchange that is endorsed to a third party are the?
  • A. drawer, payee, creditor
  • B. drawer, drawee, debtor
  • C. payee, drawee, debtor
  • D. drawer, drawee, payee
  • E. creditor, debtor, drawer
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49
Bonded warehouse are controlled by?
  • A. wholesale merchants
  • B. Co-operative wholesale society
  • C. Shipping and forwarding agencies
  • D. Customs and Excise authorities
  • E. Freight forwarders
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50
In large offices where a large number of mails is posted daily,which of the following quickens the stamping of envelopes?
  • A. Franking
  • B. Collating
  • C. Sorting
  • D. Trimming
  • E. Shredding
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