WAEC Past Questions and Answers - Page 120

596.

Price lists, catalogues and COD are mainly used in operating

A.

chain stores

B.

supermarkets

C.

department stores

D.

mail order business

E.

hypermarkets

Correct answer is D

No explanation has been provided for this answer.

597.

Which of the following is not a method of selling

A.

Self-services

B.

Exhibition

C.

Mail Order

D.

Stock control

E.

Automatic vending

Correct answer is D

No explanation has been provided for this answer.

598.

The Third Party Motor Vehicle Insurance Policy covers damages

A.

to both passengers and vehicle

B.

caused by the vehicle insured

C.

to all parties concerned

D.

to all vehicles involved

E.

to the insured vehicle only

Correct answer is B

No explanation has been provided for this answer.

599.

A speculator who applies for new stocks and shares with the intention of selling them them at higher price is a

A.

bull

B.

stag

C.

bear

D.

jobber

E.

broker

Correct answer is B

No explanation has been provided for this answer.

600.

Which of the following is a disadvantage of road transport?

A.

Takes an available route

B.

Fast overshort distances

C.

Increased handling of goods

D.

Offers door-to-door services

E.

Relatively cheap

Correct answer is A

No explanation has been provided for this answer.