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Commerce 2010 WAEC Past Questions

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16

Which of the following is a safest way of sending important documents through the post

  • A. Registered mail
  • B. Parcel post
  • C. Letter post
  • D. Express mail
View Answer & Discuss WAEC 2010
17

Which of the following is not true of the stock exchange?

  • A. it is a commodity market
  • B. it provides market for trading on shares
  • C. Government and companies raise fund through it
  • D. it provides professional advice on investment
View Answer & Discuss WAEC 2010
18

A cheque issued in January 1997 which the holder failed to present for payment until September 1997 is called a

  • A. traveller's cheque
  • B. post-dated cheque
  • C. stale cheque
  • D. crossed cheque
View Answer & Discuss WAEC 2010
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19

When the buyer of an existing share is to receive the pending dividend, the price is

  • A. cum div
  • B. ex-div
  • C. at par
  • D. at a discount
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20

What is the name of a service where a bank makes regular payment on behalf of its customers

  • A. Direct debit
  • B. Credit transfer
  • C. Standing order
  • D. Bank draft
View Answer & Discuss (7) WAEC 2010
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