WAEC Past Questions and Answers - Page 417

2,081.

Which of the following is not the objective of Consumer Association? To

A.

ensure that fair prices are charged

B.

educate consumers on their rights

C.

prevent fake goods from entering the market

D.

prevail on the govemment to enact consumer protection laws

E.

ensure correct specihcations as to quality of goods

Correct answer is C

No explanation has been provided for this answer.

2,082.

The process of taking over private business by government is known as?

A.

naturalisation

B.

nationalisation

C.

privatisation

D.

commercialisation

E.

indigenisation

Correct answer is B

No explanation has been provided for this answer.

2,083.

A postal order, either crossed or open is only valid for a period of?

A.

12 months

B.

10 months

C.

8 months

D.

6 months

E.

5 months

Correct answer is D

No explanation has been provided for this answer.

2,084.

30 Rate of turnover is the?

A.

number of times opening stock is sold during a period

B.

rate paid by retailers for their stocks

C.

rate paid to agents forturning over their stock ata given period

D.

number of times the stock is turned over

E.

number of times average stock is sold during a period

Correct answer is D

No explanation has been provided for this answer.

2,085.

Jesus refused to send the multitudes to buy food for themselves when it was already getting late because

A.

He wanted to reveal his messiahship

B.

He knew that his words were of greater value than food

C.

The multitude were unwilling to go home

D.

He knew that the little food available will satisfy the people

E.

They had insufficient funds

Correct answer is D

No explanation has been provided for this answer.