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Commerce 2009 WAEC Past Questions

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41

Which of the following is not a function of the commercial bank?

  • A. Collection of deposit
  • B. Safe custody services
  • C. Issuing of currency
  • D. Agents of payment
View Answer & Discuss WAEC 2009
42

The police and the army are engaged in

  • A. direct service occupation
  • B. indirect service occupation
  • C. industrial occupation
  • D. primary occupation
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43
Which of the following are exclusively functions of marketing?
  • A. Buying, pricing, selling and promotion
  • B. Risk-bearing, storage, production and transporting
  • C. Organizing, risk-bearing, transporting and storage
  • D. Production, promotion, distribution and recruiting
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44

A type of policy where the assured or his dependents will not get anything if he dies within the period of the policy is known as

  • A. group policy
  • B. whole life policy
  • C. endowment policy
  • D. term policy
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45

Which of the following note will be sent to a buyer to inform him that the goods he ordered have been dispatched?

  • A. Advice note
  • B. Delivery note
  • C. Credit note
  • D. Consignment note
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