WAEC Past Questions and Answers - Page 332

1,656.

The effect of Solomon's marriage to foreign wives was that

A.

God blessed him with many children

B.

His attention was directed to state affairs

C.

His heart was turned away from God

D.

His fathers-inlaw made peace with him

E.

He became more prosperous

Correct answer is C

No explanation has been provided for this answer.

1,657.

An undertaking given by a person to another assuring his integrity is

A.

proximate cause

B.

fidelity guarantee

C.

subrogation

D.

insurable interest

Correct answer is B

fidelity guarantee; an undertaking to answer for the payment or performance of another person's debt or obligation in the event of a default by the person primarily responsible for it.

1,658.

The type of labour that makes use of physical effort in production processes is the

A.

unskilled labour

B.

skilled labour

C.

blue-collar job

D.

white-collar job

Correct answer is A

Unskilled labor refers to Work which requires no special training or experience for performing the work adequately, but require physical strength and energy

1,659.

In case of a liquidation of a public limited liability company, those that are first paid are

A.

ordinary shareholders

B.

prefernce shareholders

C.

cumulative preference shareholders

D.

debenture holders

Correct answer is D

Debenture-holders are the subscribers to debentures. Debentures are part of loan. A shareholder or member is the joint owner of a company; but a debenture holder is only a creditor of the company. In the event of liquidation, they are paid first before any other class of lenders.

1,660.

Which of the following is a characteristic of a bearer cheque

A.

it is made with transverse lines

B.

it is made payable to whoever presents it

C.

it is made without transverse lines

D.

it is only payable into the payees account

Correct answer is B

A bearer cheque is payable to the bearer of the cheque.