WAEC Past Questions and Answers - Page 3566

17,826.

In the diagram, the arrow labelled II represents the

A.

release of oxygen

B.

intake of carbon (IV) oxide

C.

movement of photosynthates

D.

movement of nutrients

Correct answer is A

No explanation has been provided for this answer.

17,827.

One of the function of money is

A.

Double coincidence of wants

B.

Unit of accounts

C.

Indivisibility

D.

Making payment through banks only

Correct answer is B

No explanation has been provided for this answer.

17,828.

In a public corporation, the risks of business are borne by the 

A.

Workers

B.

Tax payers

C.

Board members

D.

Treasury

Correct answer is B

No explanation has been provided for this answer.

17,829.

The reward for a shareholdership of a company is

A.

Wages

B.

Interest

C.

Dividends

D.

Profits

Correct answer is C

No explanation has been provided for this answer.

17,830.

Which of the following is not a condition for a perfect market?

A.

Homogenous commodity

B.

Ignorance of consumers

C.

Perfect information

D.

Free entry and exit

Correct answer is B

No explanation has been provided for this answer.