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WAEC offline past questions - with all answers and explanations in one app - Download for free
4251

A discount deducted from the invoice price of goods to enable the retailer to make profit

  • A. cash discount
  • B. functional discount
  • C. trade discount
  • D. seasonal discount
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4252

A document issued by the seller's own courier and signed by the customer to acknowledge receipt of the goods is

  • A. advice note
  • B. consignment note
  • C. delivery note
  • D. freight note
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4253

A request for goods from another country by an importer would be made using

  • A. an invoice
  • B. an indent
  • C. an order
  • D. a quotation
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
4254

The right to buy or sell stock in the stock exchange within a stipulated period is

  • A. option
  • B. contango
  • C. backwardation
  • D. brokerage
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4255

The share value stated on a share certificate is

  • A. above par value
  • B. below par value
  • C. market value
  • D. nominal value
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208