WAEC Past Questions and Answers - Page 342

1,706.

One disadvantage of of rail transport is?

A.

suitability for fragile goods

B.

obsence of pilferage

C.

vulnerability to severe weather

D.

inflexibility

Correct answer is D

No explanation has been provided for this answer.

1,707.

A transporter who does not reject carrying lawful goods to destination is?

A.

tramp vessel

B.

ocean liner

C.

Common carrier

D.

private carrier

Correct answer is C

No explanation has been provided for this answer.

1,708.

Which of the following provides a proof posting and that the item has got to the addressee?

A.

Certificate of posting

B.

Recorded delivery

C.

Registration latter

D.

Express letter

Correct answer is B

No explanation has been provided for this answer.

1,709.

Who the following sells among securities in anticipation of a fall in price?

A.

Bear

B.

Stag

C.

Jobber

D.

Bull

Correct answer is A

No explanation has been provided for this answer.

1,710.

If the insured has been fully indemnified, the insurers are entitled to take any advantage due the insured. The principle of insurance involved is?

A.

indemnity

B.

suborgation

C.

contribution

D.

insurable interest

Correct answer is B

No explanation has been provided for this answer.