WAEC Past Questions and Answers - Page 118

586.

Which of the following is not true of air transport?

A.

it is used to transport goods of high value

B.

has high operating costs

C.

it is good for transporting blood for infusion

D.

operates normally irrespective of weather conditions

E.

it travels on schedule

Correct answer is D

No explanation has been provided for this answer.

587.

A symbol that is used to distinguish a company's product from others is a

A.

licence

B.

trade mark

C.

patent right

D.

trade permit

E.

copy right

Correct answer is B

No explanation has been provided for this answer.

588.

Penalty imposed by a ship owner for exceeding the period charter is

A.

lump sum

B.

dock dues

C.

tariff

D.

demurrage

E.

dead frieght

Correct answer is D

No explanation has been provided for this answer.

589.

One advantage of direct selling is

A.

low cost

B.

immediate feedback

C.

mass appeal

D.

self-service

E.

speedy market coverage

Correct answer is B

No explanation has been provided for this answer.

590.

Which of the following guarantees payment on presentation?

A.

Certified cheque

B.

Crossed cheque

C.

Order cheque

D.

Bearer cheque

E.

Open cheque

Correct answer is D

No explanation has been provided for this answer.