WAEC Commerce 2012 Objective — Question 47
Question 47 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
Advertisement
The functions of credit and thrift society does not include
- A. charging low interest rate on loan
- B. providing savings facilities to encourage mutual co-operation of members
- C. providing security for member's property
- D. DCorrect
Explanation
Credit and thrift society does not provide security to members.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.