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2176
Which of the following terms is used in marine insurance when the cargo suffers partial loss?
  • A. General Average
  • B. Particular Average
  • C. Floating Policy
  • D. Open Cover
View Answer & Discuss WAEC 2005
2177
Which of the following is not a function of money?
  • A. Double coincidence of wants
  • B. Medium of exchange
  • C. Measure of value
  • D. Store of wealth
View Answer & Discuss WAEC 2005
2178
Which of the following is true of rail transport?
  • A. Suitable for perishable goods
  • B. Cheaper over long distances
  • C. it does not require trans-shipment of goods
  • D. has no fixed route
View Answer & Discuss WAEC 2005
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2179
The process of dividing market into identifiable sub-markets is known as
  • A. marketing concept
  • B. market segmentation
  • C. market research
  • D. market orientation
View Answer & Discuss WAEC 2005
2180
Legal tender consists of
  • A. cheques and coins
  • B. bank drafts and cheques
  • C. currency notes and coins
  • D. money order and currency notes
View Answer & Discuss WAEC 2005
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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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