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Commerce 1992 WAEC Past Questions

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61
Which of the following is a non-insurable risk?
  • A. Loss from fire accident
  • B. Loos from accident and sickness
  • C. Fidelity guarantee
  • D. Burglary
  • E. Loss from staking in lotteries
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62
The policy which safeguards the employer from loss sustained as a result of fraudulent acts of his workers is the?
  • A. employer liability insurance
  • B. loss policy
  • C. utmost good faith policy
  • D. group insurance
  • E. fidelity guarantee policy
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63
Which of the following is responsible for advertising vacant positions existing in companies?
  • A. Sales Department
  • B. Public Relation Department
  • C. Personal Department
  • D. Marketing Department
  • E. Financial Department
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64
Which of the following association will be directly affected by legislations on tariffs and taxes on raw materials? The
  • A. Nigeria Bar Association
  • B. Nigeria employers' Consultative Association
  • C. Nigera Medical Association
  • D. Manufacturers Association of Nigeria
  • E. Nigeria Union of Road Transport Workers
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65
The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?
  • A. coordinating
  • B. organizing
  • C. planning
  • D. controlling
  • E. motivating
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