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2711
A contract in which all parties to the contract have carried out their obligation is said to be terminated by
  • A. breach of contract
  • B. frustration
  • C. operation of the law
  • D. performance
  • E. voluntary agreement
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2712
The body charged with the responsibility monitoring the quality of goods supplied is the
  • A. consumers’ association
  • B. chamber of commerce
  • C. manufacturers' association
  • D. Ministry of Health
  • E. Nigerian standards organization
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2713
A bill of exchange sold for less than its face value before maturity is said to be
  • A. accepted
  • B. cleared
  • C. discounted
  • D. dishonored
  • E. protested
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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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2714
A public limited liability company is owned by
  • A. board of directors
  • B. debenture holders
  • C. general public
  • D. government
  • E. shareholders
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2715
Bankers settle their mutual indebtedness in a
  • A. clearing and forwarding house
  • B. clearing house
  • C. development bank
  • D. discount house
  • E. stock exchange market
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now