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2461

The relationship which subsists between between two or more persons carrying on a business with a view to profit" is

  • A. cooperative society
  • B. partnership
  • C. public limited company
  • D. credit union
View Answer & Discuss WAEC 2011
2462

Rights issue is the

  • A. individual's right to be issued shares n subscription
  • B. right of shareholders to voteon issues
  • C. preferntial right to returns on shares
  • D. shares offered to existing shareholders at a cheaper price
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2463
Which of the following pieces of information would be found in a typical debit note
  • A. Customer code
  • B. Date of invoice
  • C. Brief reason for the debit
  • D. E & O.E
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2464

The completion of the production process by grading and branding of goods is a function of the

  • A. transporter
  • B. wholesaler
  • C. retailer
  • D. consumer
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2465

The development of commerce was encouraged by the desire to

  • A. get goods and services of others
  • B. work with others
  • C. create wealth for the nation
  • D. satisfy all wants and needs
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