WAEC Past Questions and Answers - Page 94

466.

Commercial activities among West African countries are greatly hindered by

A.

nationalization decree

B.

lack of an acceptable medium of exchange

C.

good road network

D.

too many commercial banks

Correct answer is B

No explanation has been provided for this answer.

467.

The people involved in the formation of new companies are called?

A.

members

B.

directors

C.

shareholders

D.

promoters

Correct answer is C

No explanation has been provided for this answer.

468.

Which of the following is a function of a stock brokerGiving investment advice

A.

Provision of short-term capital

B.

Giving investment advice

C.

Regulation of stock exchange practices

D.

Granting of loans to investors

Correct answer is D

No explanation has been provided for this answer.

469.

When a quotation is marked C.W.O , it means

A.

no credit facility is allowed

B.

no discount is allowed

C.

the buyer should beware

D.

the seller should beware

Correct answer is A

No explanation has been provided for this answer.

470.

Time policy in insurance is associated with

A.

motor vehicles

B.

ships at sea

C.

life endowment

D.

goods in transit

Correct answer is D

No explanation has been provided for this answer.