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CInternational Union of Credit and Investment Insurers
Dexport Credit Guarantee Scheme
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Question 1872
jamb1995
The insurance policy which provides full cover against all risks at sea is known as
APolicy with Particular Average
BPolicy Free of Particular Average
CMarine Freight Insurance
DMarine Voyage Policy Insurance
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Question 1873
jamb1995
The practice by which an insurance company accepts a very large risk and later shares it with other insurance companies is called
Asubrogation
Bcontribution
Cre-insurance
Dindemnity
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Question 1874
jamb1995
The main advantage of road transport is that it is
Aconvenient and flexible
Bcheap and direct
Ccommon and fast
Dsafe and available
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Question 1875
jamb1995
Spot market goods are those which are available for
Aimmidiate delivery
Bshort-term delivery
Clong-term delivery
Dend of the delivery
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Question 1876
jamb1995
Freight note is a document
Aused by government to transport goods from one country to another
Bissued by a shipping company giving details of charges
Cused for payment for imported goods
Dgiven by an importer to pay for goods at a future period
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Question 1877
jamb1995
What are the factors with which commercial undertaking can be distinguish?
I Size of the undertaking
II Profits generated
III Forms of ownership
IV Location of the undertaking
AI and II only
BI andIII only
CII and III only
DIII and IV only
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Question 1878
waec1994
Those involved in obtaining the gifts of nature from land and sea are engaged in?
AExtractive occupation
BManufacturing occupation
CConstructive occupation
DCommercial occupation
EDirect services
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Question 1879
waec1994
Which of the following is not a negotiable instrument?
AShare cerficate
BCheque
CBill of Exchange
DDividend warrant
EDebenture
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Question 1880
waec1994
Which of the following is not a branch of Commerce?
Ainsurance
BWarehousing
CTrade
DTransport
EComputerisation
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Question 1881
waec1994
Which of the following is not a branch of commerce?
ATrade
BTransport
CWarehousing
DProduction
EBanking
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Question 1882
waec1994
Which of the following indicates the manufacturer from whom goods are to be bought?
AOpen indent
BClosed indent
CConsignment note
DExport invoice
ECertificate of origin
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Question 1883
waec1994
Which of the following is responsible for carrying oiut the monetary policy of a country?
AThe Ministry of Finance
Binternational Monetary Fund
CInternal Revenue Board
DThe Central Bank
EThe World Bank
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Question 1884
waec1994
Firms merge in order to?
Adiscourage the employment of specialists
Bencourage competition
Cdiscourage the use of each other’s bye-products
Dcreate a monopoly
Edecrease the size of the business
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Question 1885
waec1994
Firms merge in order to?
Adiscourage the employment of specialists
Bencourage competition
Cdiscourage the use of each other’s bye-products
Dcreate a monopoly
Edecrease the size of the business
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Question 1886
waec1994
Which ofthe following refers to the practice ofimporting forre-export?
ACounter trade
BDumping
CEntrepot trade
DForward trading
EBilateral trade
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Question 1887
waec1994
Which of the following encourages free trade among member nations?
AlMF
BUNO
CWHO
DOAU
EEEC
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Question 1888
waec1994
ECOWAS headquarters is located in?
AGhana
BNigeria
CSenegal
DSierra Leone
ETogo
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Question 1889
waec1994
The art of achieving stated objectives of a business organisation in a most efficient way through the use of human and material resources is?
Aplanning
Bco-ordinating
Cmanagement
Dmotivation
Econtrol
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Question 1890
waec1994
Any paid form of non-personal presentation of ideas, goods or services by an identified sponsor is known as?
