WAEC Past Questions and Answers - Page 2750

13,746.

An example of transportation document that is used or local trade is_______

A.

Waybill

B.

Certificate of origin

C.

Consular invoice

D.

Bill of lading

Correct answer is A

No explanation has been provided for this answer.

13,747.

Which of the following channels of distribution would a producer who wants to control its unit price use?

A.

Producer / Consumer

B.

Producer / Retailer / Consumer

C.

Producer / Wholesaler / Retailer / Consumer

D.

Producer / Agent / Retailer / Consumer

Correct answer is A

No explanation has been provided for this answer.

13,748.

The middlemen that buys in bulk and sells in bit is ________

A.

A retailer

B.

An agent

C.

A wholesaler

D.

A broker

Correct answer is C

No explanation has been provided for this answer.

13,749.

The cheapest mode of transportating imported cars from America to Nigeria is by _______

A.

Air

B.

Road

C.

Water

D.

Rail

Correct answer is C

No explanation has been provided for this answer.

13,750.

The body formed by sellers of a common product in a local market is an example of ________

A.

Market union

B.

Manufacturer's association

C.

Trade union

D.

Consumer's association

Correct answer is C

No explanation has been provided for this answer.