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Commerce 2020 WAEC Past Questions

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41

An agreement that is enforceable in law is?

  • A. an offer
  • B. a consideration
  • C. a contract
  • D. an acceptance
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42

A contract will not be discharged through?

  • A. acceptance
  • B. aggrement
  • C. breach
  • D. performance
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43

A person engaged for the purpose of bringing his principal and a third party into a contractual relation is?

  • A. an arbiter
  • B. an auctioneer
  • C. an agent
  • D. middlemen
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WAEC offline past questions - with all answers and explanations in one app - Download for free
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
44

The additional commission paid to agents for guaranteeing payment is?

  • A. brokerage
  • B. del credere
  • C. drawback
  • D. demurrage
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45

The transfer of ownership of a business from government to the public is?

  • A. commercialization
  • B. deregulation
  • C. privatization
  • D. merger
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts