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WAEC 2003
Commerce 2003 WAEC Past Questions
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41
Which of the following is taken type of insurance is taken against claims made by staff who get injured while at work?
A.
Fidelity guarantee insurance
B.
Consequential loss insurance
C.
Products' liability insurance
D.
Employers' liability company
View Answer & Discuss
WAEC 2003
42
If the insured has been fully indemnified, the insurers are entitled to take any advantage due the insured. The principle of insurance involved is?
A.
indemnity
B.
suborgation
C.
contribution
D.
insurable interest
View Answer & Discuss
WAEC 2003
43
Who the following sells among securities in anticipation of a fall in price?
A.
Bear
B.
Stag
C.
Jobber
D.
Bull
View Answer & Discuss
WAEC 2003
44
Which of the following provides a proof posting and that the item has got to the addressee?
A.
Certificate of posting
B.
Recorded delivery
C.
Registration latter
D.
Express letter
View Answer & Discuss
WAEC 2003
45
A transporter who does not reject carrying lawful goods to destination is?
A.
tramp vessel
B.
ocean liner
C.
Common carrier
D.
private carrier
View Answer & Discuss (1)
WAEC 2003
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