WAEC Commerce Past Questions & Answers - Page 260

1,296.

Voyage policy is issued when goods are insured?

A.

between one pot and another

B.

according to the weight

C.

according to the value of goods

D.

according to the risk involved

E.

for a specific time

Correct answer is A

No explanation has been provided for this answer.

1,297.

An advance that is specially given foe housing or building projects is called?

A.

a loan

B.

an overdraft

C.

a debenture

D.

a collateral

E.

a mortgage

Correct answer is E

No explanation has been provided for this answer.

1,298.

Which of the following is a good example of capital market?

A.

Money Market

B.

Bureau de change

C.

Ministry of Finance

D.

The stock exchange

E.

Commercial Bank

Correct answer is D

No explanation has been provided for this answer.

1,299.

The sign on Volkswagen represents the?

A.

trade mark

B.

trade same

C.

patent right

D.

copy right

E.

brand name

Correct answer is A

No explanation has been provided for this answer.

1,300.

Which of the following is not a basic utility created by marketing?

A.

Time

B.

Ownership

C.

Place

D.

Possession

E.

Form

Correct answer is B

No explanation has been provided for this answer.