WAEC Past Questions and Answers - Page 2524

12,616.

In MS Excel, the cell that contains the pointer or cursor is called? 

A.

active cell

B.

current cell

C.

default cell

D.

passive cell

Correct answer is A

No explanation has been provided for this answer.

12,617.

The major advantage of free software is that it is? 

A.

free and contains unlimited components

B.

licensed and available always

C.

licensed and can be copied by anyone

D.

superior in quality but not robust

Correct answer is A

No explanation has been provided for this answer.

12,618.

To send a created MS PowerPoint document using email to a use the document can be added as? 

A.

Attachment

B.

Draft

C.

Reply

D.

Chat

Correct answer is B

No explanation has been provided for this answer.

12,619.

A life policy holder enjoy days of grace

A.

at the inception of the policy

B.

at the renewal time of the policy

C.

when he surrenders the policy

D.

when the policy is paid up

Correct answer is B

grace period allows a borrower or insurance customer to delay payment for a short period of time beyond the due date. 

insurers allow policyholders a period of grace of at least 15 days, during which arrear premiums can be rectified. In the life insuranceindustry, the norm is to allow policyholders a grace period of 30 days.

12,620.

The right which an insurer has to stand in the place of the insured against a negligent party is?

A.

insurable interest

B.

subrogation

C.

proximate cause

D.

contribution

Correct answer is B

Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.