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Which of the following is suitable for transporting fish a long distance?
ATramp
BCargo liner
CTanker
DBarge
ERefrigerated ship
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Question 22
waec1996
Which of the following is not true of franking machines ?
AHired by companies and licensed by NIPOST
BPrint postage imprssion on mails
CCan print company's logo on mails
DAdvance payment must be made to NIPOST
EPostage stamp is used
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Question 23
waec1996
The value of a product expressed in monetary terms is known as
Autility
Bprice
CPremium
Dcommission
Einterest
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Question 24
waec1996
A retail co-operative society aims at
Aencouraging members to save money
Bbuying seeds and fertilizers
CManufacturing goods as cheaply
Dlending money to members at low rate of interest
Ecutting off the profits of middlemen
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Question 25
waec1996
Which of the following is not true of a private limited company?
AThe minimum number of shareholders is two
Bits shares are freely transferable
CThere is a limit to the number of shareholders
Dit is following separate legal entity
Eit is a registered business
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Question 26
waec1996
Which of the following is not a reason for dishonoring a cheque?
AInsufficient funds
BDifferent amounts in words and figures
CUninitiated alteration
DWrong signature
ESpecial crossing
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Question 27
waec1996
Which of the following may be used to restrict imports?
i. Bill of lading ii. Specific Licenses iii.Foreign exchange rationing iv. Letters of credit v.Customs duties and tariffs
Ai, ii and v only
Bii, iii and v only
Ciii, iv and v only
Di, ii and iv only
Eii, iii and iv only
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Question 28
waec1996
Which of the following may not be considered when choosing an appropriate channel of distribution for a new product?
ANature of the product
BIdentification of potential customers
COperating costs
DExisting local channel of distribution
EProvision of credit facilities to customers
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Question 29
waec1996
When goods are sent through an independent carrier, the document used by the sender is
Aa delivery note
Ban advice note
Can invoice
Da consignment note
Ea reciept
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Question 30
waec1996
Musa places the bicycle for sale at #800.00 and Dada had agreed to pay the amount. In this transaction, Musa is the
Aofferer
Bofferee
Cbuyer
Dguarantor
Eauctioner
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Question 31
waec1996
A firm that accepts a portion of the risk involved in an insurance contract is
Aa broker
Ban actuary
Ca speculator
Dan underwriter
Ean assessor
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Question 32
waec1996
An association of employees in an organization is called a
Atrade union
Btrade association
Cconsumer association
Dcredit union
Eco-operative society
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Question 33
waec1996
A nation's earnings from tourism are classified as
Avisible exports
Binvisible exports
Cvisible imports
Dinvisible imports
Eentrepot trade items
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Question 34
waec1996
Contracts for the carriage of goods by sea are generally called
Acharter by demise
Bcharter parties
Cvoyage charters
Dtime charter
Emarine policy
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Question 35
waec1996
Another name for sea taxi is
Atramp
Bliner
Cspecial frieghter
Dvoyage charter
Eflying boat
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Question 36
waec1996
Which of the following is primarily established to promote the growth of industry in Nigeria?
ANITEL
BUBA
CNIPOST
DNIDB
EUAC
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Question 37
waec1996
The capital market is a market
Afor long term loans
Bfor new shares of public companies
Cwhere money is deposited
Dwhere foreign currencies are bought and sold
Efor short term loans
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Question 38
waec1996
Which of the following is not a barrier to the smooth functioning of ECOWAS?
ADifferent currencies
BDifferent languages
CAdequate population
DPolitical crisis
EFear of domination
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Question 39
waec1996
Which of the following is has a fixed rate of dividend?
