Waec Commerce 2017 Past Questions and Answers

Question 41:

• WAEC 2017

The term which enjoins a buyer to examine goods thoroughly before making payment is?

A. Uberimae fidei
B. Caveat venditor
C. Consumer sovereignty
D. Caveat emptor

Question 42:

• WAEC 2017

which of the following is not a tool for sale

A. Publicity
B. Exhibition
C. Competition
D. Free samples

Question 43:

• WAEC 2017

The organisation of local and international trade fairs is the responsibilty of

A. Trade aasociations
B. Labour unions
C. Chamber of commerce
D. Custom and excise authorities

Question 44:

• WAEC 2017

under the principle of subrogation, the insurer has the right to?

A. Abrogate the contract
B. Re-insure the property
C. Take over any legal rights of the insured
D. Take over all the liabilities of the insured

Question 45:

• WAEC 2017

the law that protects a musician's work from piracy is?

A. Usury law
B. Copyright law
C. Trademark
D. Hire purchase