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Commerce 1993 WAEC Past Questions

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46
Third party insurance covers, damages?
  • A. to both passengers and the vehicle
  • B. caused by the vehicle insured
  • C. to all parties concerned
  • D. to both vehicles involved
  • E. to the insured vehicle only
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47
A bank may dishonour a cheque if?
  • A. it is not crossed
  • B. an alteration on the cheque is initiated
  • C. the amount on the cheque is less than the amount in the account
  • D. it has been endorsed to a third party
  • E. the amount on the cheque is more than the amount in the account
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48
Which of the following is not one of the 4m's of business resources?
  • A. Method
  • B. Men
  • C. Money
  • D. Material
  • E. Machine
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49
The charge paid for failing to off-load a vehicle within a stipulated time is called?
  • A. freight
  • B. demurrage
  • C. fine
  • D. fare
  • E. floating charge
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50
Which of the following defines communication?
  • A. Movement of goods
  • B. Transmission of information
  • C. Movement of people
  • D. Storing of information
  • E. Distribution of newspapers
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