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Commerce 2016 WAEC Past Questions

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26

A partnership is dissolved due to?

  • A. liquidity of the firm
  • B. death of the employee
  • C. insanity of partner
  • D. resignation of an employee
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27

A document that contains the relationship between the company and outsiders is?

  • A. certificate of incorporation
  • B. memorandum of association
  • C. article of association
  • D. certificate of trading
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28

An organisation formed mainly by traders and manufacturers to cater for interest for interest of members is?

  • A. trade union
  • B. co-operative society
  • C. trade association
  • D. chamber of commerce
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29

An insurance broker is involved in?

  • A. industrial occupation
  • B. distributive occupation
  • C. commercial occupation
  • D. constructive occupation
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30

An agreement that is enforceable in law is?

  • A. a contract
  • B. an offer
  • C. an acceptance
  • D. a consideration
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts