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Commerce 2002 WAEC Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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11
When shares are sold "EX-DIV" it means that?
  • A. no dividend is paid on the shares
  • B. the buyer receives the dividend
  • C. the seller receives the dividends
  • D. the stock exchange retains the dividend
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12
Detailed information about a public offer of a company's shares is contained in the?
  • A. memorandum of association
  • B. article of association
  • C. letter of enquiry
  • D. prospectus
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13
Where two or more companies agree to work on a project too large for one of them, this is called?
  • A. consortium
  • B. merger
  • C. combination
  • D. cartel
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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14
A retail outlet meant to sell only a particular manufacturer's product known as a?
  • A. co-operative shop
  • B. chain store
  • C. department store shop
  • D. tied
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15
The rate at which a country's currency is converted to the currency of another country is known as?
  • A. terms of trade
  • B. terms of payment
  • C. exchange rate
  • D. bank rate
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