Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

106

A cheque does not contain?

  • A. cheque number
  • B. cashier's signature
  • C. payee's name
  • D. drawer's name
  • E. date of issue
View Answer & Discuss WAEC 1994
107

A cheque does not contain?

  • A. cheque number
  • B. cashier's signature
  • C. payee's name
  • D. drawer's name
  • E. date of issue
View Answer & Discuss WAEC 1994
108

Which of the following relies on the government for its initial capital?

  • A. Co-operative Society
  • B. Private Limited Company
  • C. Public Corporation
  • D. Public Limited Company
  • E. Credit and Thrift Society
View Answer & Discuss WAEC 1994
109

Which of the following relies on the government for its initial capital?

  • A. Co-operative Society
  • B. Private Limited Company
  • C. Public Corporation
  • D. Public Limited Company
  • E. Credit and Thrift Society
View Answer & Discuss WAEC 1994
110

Which of the following is not used by the Central Bank to restrict lending by commercial banks?

  • A. Management of national debt
  • B. Reserve Requirement
  • C. Open Market Operations
  • D. Special Deposit
  • E. Cash ratio
View Answer & Discuss WAEC 1994
111

Which of the following is not used by the Central Bank to restrict lending by commercial banks?

  • A. Management of national debt
  • B. Reserve Requirement
  • C. Open Market Operations
  • D. Special Deposit
  • E. Cash ratio
View Answer & Discuss WAEC 1994
112

An agreement between two parties which can be enforced is called?

  • A. an agency
  • B. a contract
  • C. a consideration
  • D. an offer
  • E. a warranty
View Answer & Discuss WAEC 1994
113

A business that has no upper limit to the number of owners is?

  • A. partnership
  • B. private company
  • C. public corporation
  • D. finance company
  • E. public limited company
View Answer & Discuss WAEC 1994
114

Capital owned is the same as?

  • A. authorised capital
  • B. issued capital
  • C. net worth of a business
  • D. fixed assets of a business
  • E. public limited company
View Answer & Discuss WAEC 1994