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Commerce 2005 WAEC Past Questions

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6
An advantage of a public limited company over a private one is the?
  • A. limited liability of shareholders
  • B. easy transferability of shares
  • C. access to retained earnings
  • D. less taxation by government
View Answer & Discuss WAEC 2005
7
The distribution of profits based upon the level of patronage in the business is a common feature of?
  • A. partnership firms
  • B. public limited companies
  • C. co-operative societies
  • D. private limited companies
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8
The fee which the bank charges for services rendered to their current account customers is?
  • A. commission on turnover
  • B. bank rate
  • C. minimum lending rate
  • D. interest
View Answer & Discuss WAEC 2005
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9
The fee which the bank charges for services rendered to their current account customers is?
  • A. commission on turnover
  • B. bank rate
  • C. minimum lending rate
  • D. interest
View Answer & Discuss WAEC 2005
10
Which of the following would not affect the form of a business unit?
  • A. Availability of raw materials
  • B. The type of business
  • C. Number of persons involved
  • D. The capital size
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