WAEC Past Questions and Answers - Page 506

2,526.

A shipping company's document detailing the charges for carrying a particular cargo for a specified journey is known as?

A.

dock warrant

B.

freight note

C.

carriage forward

D.

weight note

E.

credit note

Correct answer is B

No explanation has been provided for this answer.

2,527.

Exchange in the international market which does not involve the use of money as a medium is known as?

A.

foreign aid

B.

counter trade

C.

monetization

D.

foreign trade

E.

enterpot trade

Correct answer is B

No explanation has been provided for this answer.

2,528.

‘Living a new life in Christ‘, as used by Paul in his letter to the Colossians involves all the following except

A.

Seeking the things that are above

B.

Rejecting all canal desires

C.

Putting away evil passions

D.

Promoting racial discrimination

E.

Putting on the garment of love

Correct answer is D

No explanation has been provided for this answer.

2,529.

With regard to payment, the amount payable when no deductions are made is called?

A.

net price

B.

spot cash

C.

not profit

D.

prompt cash

E.

draft

Correct answer is E

No explanation has been provided for this answer.

2,530.

Which of the following is not necessary when ordering goods?

A.

Trade journal

B.

Letter of enquiry

C.

Invoice

D.

Order form

E.

Catalogue

Correct answer is C

No explanation has been provided for this answer.