WAEC Commerce 2023 Objective — Question 40
Question 40 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.
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In a contract of sale, the amount deposited with the seller for a particular product by a buyer is A. acceptance.
- A. acceptance
- B. offer
- C. considerationCorrect
- D. warranty
Explanation
Consideration is what a buyer has to part with in order to get the goods or services of the seller/provider.
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