WAEC Past Questions and Answers - Page 343

1,711.

Which of the following is taken type of insurance is taken against claims made by staff who get injured while at work?

A.

Fidelity guarantee insurance

B.

Consequential loss insurance

C.

Products' liability insurance

D.

Employers' liability company

Correct answer is D

No explanation has been provided for this answer.

1,712.

The process of dealing with a cheque once it has been paid into the creditor's bank is?

A.

clearing

B.

accepting

C.

negotiating

D.

discounting

Correct answer is A

No explanation has been provided for this answer.

1,713.

When Abram got to Shechem after his call, God appeared to him and said

A.

To your descendant I will give this land

B.

Fear not Abram, I am your shield

C.

I am God Almighty, walk before me and be blameless

D.

I will make of you a great nation and kings shall come forth from you

E.

I will make you the father of a multitude of nations

Correct answer is A

No explanation has been provided for this answer.

1,714.

Quality discount is offered to persuade the buyer to?

A.

pay promptly

B.

defer payment

C.

pay a deposit

D.

buy more

Correct answer is D

No explanation has been provided for this answer.

1,715.

Which of the following is used to inform the buyer that goods available for sale?

A.

Quotation

B.

Proforma

C.

Advice note

D.

Despatch book

Correct answer is C

No explanation has been provided for this answer.