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Waec Commerce Past QuestionsQuestion 251:A service provided by NITEL through which one can dial any number one wants whether it is a local, trunk or overseas is called the? A. Internal Communication System B. Standard Dialling System C. Subscribers Dialling System D. International Telecommunications E. Coded Dialling Order Question 252:The two main categories of marine losses are? A. Total loss and partial loss B. Total loss and particular average loss C. Total loss and constructive total loss D. Total loss and actual total loss E. Partial loss and constructive total loss Question 253:Restoring the insured to his former position by the insurer in the event of his suffering the specified loss is called? A. Subrogation B. Compensation C. Indemnity D. Contribution E. Surrender value Question 254:The manufacturer would by-pass the wholesaler and the retailer in the distribution of his products if the? A. Demand is widespread B. Wholesaler and retailer lack office accomodation C. Volume of production is high D. The product make-up and use are highly technical E. Manufacturer has no warehouse Question 255:Which of the following is statutorily responsible for providing information and incentives required to increase the volume of Made-in-Nigeria goods in foreign markets? A. Association of Nigeria Exports B. Nigeria Export Promotion Council(NEPC) C. General Agreement onTariffs and Trade(GATT) D. Association of Nigeria Importers E. Manufacturers Association of Nigeria |
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