Waec Commerce 2020 Past Questions and Answers

Question 21:

• WAEC 2020

When a company insures the lives of all its employees collectively, the policy is?

A. Accident insurance
B. Fleet insurance
C. Fidelity guarantee insurance
D. Group insurance

Question 22:

• WAEC 2020

A cheque that could be cashed over the counter by the payee is?

A. Certified cheque
B. Crossed cheque
C. Open cheque
D. Bank draft

Question 23:

• WAEC 2020

A specially-designed mode of transport for conveying liquid and gas is a?

A. Coaster
B. Tanker
C. Liner
D. Ferry

Question 24:

• WAEC 2020

The safe keeping of goods produced until they are needed is?

A. Hoarding
B. Marking
C. Packaging
D. Warehousing

Question 25:

• WAEC 2020

One of the objectives of the niger basin commission is to?

A. Regulate the movement of citizens across the borders
B. Impose tariff and quota on non-members
C. Regulate the movement of cargo along the river
D. Streamline the construction of dams on the river