Waec Commerce Past Questions and Answers

Question 1631:

• WAEC 2009

The nominal value of kC Ltd's share is 50k and the market value is 70k. This means that the company's shares are selling

A. At par
B. Ex dividend
C. Cum dividend
D. At premium

Question 1632:

• WAEC 2009

Those who are engaged in exploiting natural resources are in

A. Commercial occupation
B. Constructive occupation
C. Manufacturing occupation
D. Extractive occupation

Question 1633:

• WAEC 2009

A sale agreement whereby the buyer takes possession but not title to the goods is

A. Credit purchase
B. Hire purchase
C. Auction sales
D. Direct sales

Question 1634:

• WAEC 2009

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

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

Question 1635:

• WAEC 2009

The owners of a public limited company are?

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