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Commerce 1997 WAEC Past Questions

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26
Debenture is an example of
  • A. fixed capital
  • B. share capital
  • C. loan capital
  • D. working capital
  • E. circulating capital
View Answer & Discuss WAEC 1997
27
Which of the following is not an acceptable collateral security for a bank loan?
  • A. Certificate of occupancy
  • B. Life assurance policy
  • C. Lien on deposit account
  • D. Family building
  • E. Warehouse warrant
View Answer & Discuss (1) WAEC 1997
28
Which of the following is the basic principle of marketing concept?
  • A. Seller-oriented
  • B. Producer-oriented
  • C. Consumer-oriented
  • D. Manufacturer-oriented
  • E. Product-oriented
View Answer & Discuss WAEC 1997
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29
The compensation given to brokers who sell shares to jobbers is called
  • A. premium
  • B. commission
  • C. salary
  • D. interest
  • E. dividend
View Answer & Discuss WAEC 1997
30
The Stock Exchange does not deal in
  • A. shares
  • B. treasury bills
  • C. debentures
  • D. stocks
  • E. bonds
View Answer & Discuss WAEC 1997
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