WAEC Past Questions and Answers - Page 415

2,071.

Retail outlets which sell from specialised vans are

A.

supermarkets

B.

multiple shops

C.

mail orderfirms

D.

department stores

E.

mobile shops

Correct answer is E

No explanation has been provided for this answer.

2,072.

A group of trims that produce similar goods or sen/ices is called?

A.

an industry

B.

a trade association

C.

a cartel

D.

a holding company

E.

an amalgam

Correct answer is A

No explanation has been provided for this answer.

2,073.

Which of the following is not performed by the shipping and forwarding agents?

A.

Reservation ofshipping space

B.

Collection of payment from the importer

C.

Collection of goods from the factory

D.

Preparation of the bill of lading

E.

Arrangementfor marine insurance

Correct answer is B

No explanation has been provided for this answer.

2,074.

In Paul's Epistle to the Galatians, which of the following is not a condition for the claim by Christians that they are children of God?

A.

Enslavement to the elemental spirit of the universe

B.

Redemption from sin by the blood of Jesus

C.

Adoption as children of God

D.

Redemption from the law by Jesus Christ

E.

The indwelling of the spirit of God in their hearts

Correct answer is A

No explanation has been provided for this answer.

2,075.

The rate at which one country”s products are exchanged for the products of another is?

A.

balance of trade

B.

balance on current account

C.

terms of trade

D.

balance of payments

E.

foreign exchange

Correct answer is B

No explanation has been provided for this answer.