WAEC Past Questions and Answers - Page 456

2,276.

When payments is required for goods at the time order is placed, the term of payment quoted is?

A.

C.O.D

B.

C.W.O

C.

C.I.F

D.

F.O.R

E.

F.O.B

Correct answer is B

No explanation has been provided for this answer.

2,277.

Which of the following saves consumers the time and cost involved in travelling to commercial centres for shopping?

A.

Department store

B.

Supermarket

C.

Mobile shop

D.

Wholesale stores

E.

Stall holder

Correct answer is C

No explanation has been provided for this answer.

2,278.

Which of the following enjoins the buyers to examine goods thoroughly beforeigeria making a purchase?

A.

debenture holder

B.

partner

C.

sole proprietor

D.

co-operative member

E.

shareholder

Correct answer is D

No explanation has been provided for this answer.

2,279.

A group of retailing shops under one management and selling then same products is known as?

A.

multiple shop

B.

supermarket

C.

department stores

D.

variety store

E.

unit shop

Correct answer is A

No explanation has been provided for this answer.

2,280.

Which of the following is an investor earns profit on the basis of his patronage?

A.

debenture holder

B.

partner

C.

sole proprietor

D.

co-operative member

E.

shareholder

Correct answer is D

No explanation has been provided for this answer.