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Commerce 2002 WAEC Past Questions

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21
An agreement by which a buyer pays instalmentally but does until final settlement is made is?
  • A. hire purchase
  • B. deferred payment
  • C. conditional sale
  • D. features trading
View Answer & Discuss WAEC 2002
22
Which of the following is sent by a customer who wishes to know the price, quality and terms of sale of a product?
  • A. Quotation
  • B. Letter of Enquiry
  • C. Proforma invoice
  • D. Advice note
View Answer & Discuss WAEC 2002
23
The trade document signed by a representative of the country to which is not discounted is also the?
  • A. consular invoice
  • B. certificate invoice
  • C. consignment invoice
  • D. proforma invoice
View Answer & Discuss WAEC 2002
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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24
The drawer of a bill of exchange which is not discount is also the?
  • A. 30 days
  • B. 2months
  • C. 6 months
  • D. 12 months
View Answer & Discuss WAEC 2002
25
When shares are fully paid they can be converted into?
  • A. bonds
  • B. debentures
  • C. stocks
  • D. treasury bills
View Answer & Discuss (1) WAEC 2002
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