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1846
Who among the following comes first in the channel of distribution?
  • A. Consumer
  • B. Retailer
  • C. Consignor
  • D. Manufacturer
  • E. Wholesaler
View Answer & Discuss WAEC 1997
1847
The services rendered by Nigerian Airways to foreign companies are part of Nigeria's
  • A. visible exports
  • B. visible imports
  • C. invisible exports
  • D. invisible imports
  • E. entreport trade
View Answer & Discuss WAEC 1997
1848
One of the characteristics of a debenture is that
  • A. it yields a fixed rate of dividends
  • B. it has no redemption date
  • C. it yields a fixed rate of interest
  • D. its holder has a voting right
  • E. the holder bears more risk than others
View Answer & Discuss WAEC 1997
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1849
Which of the following is a disadvantage of credit transaction?
  • A. increases turnover
  • B. facilitates the sale of durable goods
  • C. encourages the habit of saving
  • D. encourages bad debt
  • E. enables consumers to enjoy goods without immediate payment
View Answer & Discuss WAEC 1997
1850
In which of the following do the goods become the property of the buyer on the payment of first installment
  • A. Hire-purchase
  • B. Deferred payment
  • C. Leasehold
  • D. Cash with order
  • E. Forward trading
View Answer & Discuss WAEC 1997
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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