Waec Commerce 1992 Past Questions and Answers

Question 36:

• WAEC 1992

Which of the following is the quickest and most accurate means id communication?

A. Telegram
B. Express mail
C. Courier service
D. Telex
E. Railex

Question 37:

• WAEC 1992

A sales agreement whereby the buyer takes possession but not title to goods is called?

A. Mortgage
B. Auction sale
C. Deferred payment
D. Hire purchase
E. Warranty

Question 38:

• WAEC 1992

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

Question 39:

• WAEC 1992

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

Question 40:

• WAEC 1992

One means of making payment through NIPOST is the?

A. Cheque
B. Money order
C. Standing order
D. Promissory order
E. Counterfoil