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Commerce 2009 WAEC Past Questions

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36
The owners of a public limited company are?
  • A. board of directors
  • B. management team
  • C. shareholders
  • D. government
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37

Which of the following justifies the existence of public enterprises

  • A. Making quick decision
  • B. Creating monopoly
  • C. Making profit for government
  • D. Providing essential services
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38

Who among the following has no voting right?

  • A. Preffered ordinary share holders
  • B. Ordinary shareholders
  • C. Deffered shareholders
  • D. Debenture holders
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39

One of the main objectives of International Bank for Reconstruction and Development(IBRD) is to

  • A. settle interbank indebtedness
  • B. lend to poor countries
  • C. oversee the activities of banks abroad
  • D. encourage trade liberalization
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40

Life assurance premium is determined by the assured's

  • A. educational level
  • B. age
  • C. reputation
  • D. number of children
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