WAEC Commerce Past Questions & Answers - Page 267

1,331.

Which of the following is not a reason for dishonoring a cheque?

A.

Irregular signature

B.

Signed alteration on the cheque

C.

Insufficient fund in drawer's account

D.

Drawers stopped payment on time

E.

Amount in words differs from what written in figures

Correct answer is B

No explanation has been provided for this answer.

1,332.

The abbreviation IDAPOLY on the letter - headed papers of the federal polytechnic Idah is an example of a?

A.

cablegram

B.

postmark

C.

post code

D.

telegraphic address

E.

multiple address telegram

Correct answer is D

No explanation has been provided for this answer.

1,333.

One means of making payment through NIPOST is the?

A.

cheque

B.

money order

C.

standing order

D.

promissory order

E.

counterfoil

Correct answer is B

No explanation has been provided for this answer.

1,334.

The document issued to a lender under a company's seal acknowledging a debt is called?

A.

stock

B.

share

C.

dividend warrant

D.

debenture

E.

mortgage

Correct answer is D

No explanation has been provided for this answer.

1,335.

Any paid form of non-presentation of goods services by an identified sponsor is known as?

A.

merchandising

B.

advertising

C.

publicity

D.

public relations

E.

sales promotion

Correct answer is B

No explanation has been provided for this answer.