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Commerce 2002 WAEC Past Questions

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46
In a contract, offer is described as a counter offer if?
  • A. a new clause is introduced
  • B. it is not understood
  • C. it is not addressed to a particular person
  • D. it leaves no room for renegotiation
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47
In a contract, offer is described as a counter offer if?
  • A. a new clause is introduced
  • B. it is not understood
  • C. it is not addressed to a particular person
  • D. it leaves no room for renegotiation
View Answer & Discuss WAEC 2002
48
The duty of an agent of necessary to a principle is based on?
  • A. trust
  • B. ability
  • C. negotiation
  • D. mutual agreement
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49
The process by which government takes over the ownership and control of an existing private business is?
  • A. industrialization
  • B. privatization
  • C. nationalization
  • D. commercialization
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50
A voluntary body formed by people in the same line of business is known as?
  • A. trade union
  • B. trade association
  • C. cartel
  • D. employers' association
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