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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2101
Which of the following abbreviations permits the seller to correct any error in an invoice?
  • A. F.O.R
  • B. C.I.F
  • C. C.E % O.E
  • D. I.O.U
View Answer & Discuss WAEC 2004
2102
C % F as a price quotation in foreign trade means that the buyer
  • A. is responsible for clearing and forwarding the goods
  • B. has to pay for cost and freight
  • C. pays for both the freight and insurance
  • D. pays for insurance only
View Answer & Discuss WAEC 2004
2103
A bill of exchange is made more negotiable if it has been
  • A. endorsed
  • B. accepted
  • C. honoured instantly
  • D. given special crossing
View Answer & Discuss WAEC 2004
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2104

A bill of exchange is made up more negotiable if it has been

  • A. endorsed
  • B. accepted
  • C. honoured instantly
  • D. given special crossing
View Answer & Discuss (2) WAEC 2004
2105
The primary objective of insurance is to
  • A. prevent accidents
  • B. meet uncertainties in future
  • C. give loan to business men
  • D. control the flow of cash
View Answer & Discuss (3) WAEC 2004
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