Waec Commerce 2009 Past Questions and Answers

Question 36:

• WAEC 2009

Which of the following is not an example of Marine insurance?

A. Fidelity
B. Hull
C. Cargo
D. Freight

Question 37:

• WAEC 2009

The owners of a public limited company are?

A. Board of directors
B. Management team
C. Shareholders
D. Government

Question 38:

• WAEC 2009

Which of the following justifies the existence of public enterprises

A. Making quick decision
B. Creating monopoly
C. Making profit for government
D. Providing essential services

Question 39:

• WAEC 2009

Who among the following has no voting right?

A. Preffered ordinary share holders
B. Ordinary shareholders
C. Deffered shareholders
D. Debenture holders

Question 40:

• WAEC 2009

One of the main objectives of International Bank for Reconstruction and Development(IBRD) is to

A. Settle interbank indebtedness
B. Lend to poor countries
C. Oversee the activities of banks abroad
D. Encourage trade liberalization