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[ Post UTME Begins ]:
View The List Of Schools That Have Released 2026 Post-UTME Forms.
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1066
Which of the following enjoins the buyers ti examine goods thoroughly beforeigeria making a purchase?
A.
uberrimae fidei
B.
Caveat subscriptor
C.
Consumer sovereignty
D.
Caveat venditor
E.
Standard for deferred payment
View Answer & Discuss
WAEC 1991
1067
Which of the following is not a function of money?
A.
Unit of account
B.
Store of value
C.
Determinant of exchange of medium
D.
Medium of exchange
E.
Standard for deferred payment
View Answer & Discuss
WAEC 1991
1068
Which of the following is mostly used in Nigeria for setting business transactions?
A.
Credit transfer
B.
Standing order
C.
Cheques
D.
Bank notes and coins
E.
Bank drafts
View Answer & Discuss
WAEC 1991
1069
When an order cheque is endorsed it becomes?
A.
a bearer cheque
B.
a certified cheque
C.
an open cheque
D.
a confirmed cheque
E.
a dishonoured cheque
View Answer & Discuss
WAEC 1991
1070
Which of the following requires acceptance bythe editor to make it valuable?
A.
Postal order
B.
Cheque
C.
Promissory note
D.
Bill of exchange
E.
Bill of lading
View Answer & Discuss
WAEC 1991
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