WASSCE 2023: Business Management Sample Questions(Part 3)

The 2023 WASSCE Business Management paper will be written on Monday, 11th September, 2023. Here are some sample questions.

These sample 2023 WASSCE Business Management questions are set to guide candidates and make them abreast of the kind of questions they are to expect

1. The periodic payment that an insured makes to the insurer is known as
A. Insurance fee

B. Premium

C. Compensation

D. Policy

2. The term discharge in contract law means

A. An act which frees a person from legal obligation

B. An act that binds a person from legal obligation

C. The parties to a contract have executed all promised terms and conditions except minor details

D. One party to a contract has repudiated his liability under the contract

3. Risk management helps to
A. eliminate risks

B. Minimize the effects of risks

C. Regulate occurrence of risks

D. Maximize the effects of risks

4. Elizabeth insured her BMW car against fire but the car was stolen at the sports stadium. On which of the following principles will the insurer refuse to pay indemnity to Elizabeth?
A. Contribution

B. Proximate cause

C. Subrogation

D. Insurable interest

5. Which of the following is an uninsurable risk? Risk arising from
A. Motor Accident

B. Employee dishonesty

C. Air travel

D. Business competition

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6. Manager is a leader because he
A. Directs and influences the behaviour of his staff

B. Ensures his staff are paid

C. Can mete out punishment to wrongdoers

D. Showing favoritism among his subordinates

7. Richard promises to pay GH¢10,000 to anyone who finds his lost spectacles. In law, this constitutes;
A. A reward

B. A promise

C. An agreement

D. An offer

WASSCE 2023: Elective Mathematics Final Projected Topics And Questions

18. In an insurance transaction, utmost good faith means

A. Parties to the transaction should believe in what they do

B. Claims for compensation must not be exaggerated

C. Only people with high levels of income are required

D. All relevant information must be disclosed

9. Management as a science deal with

A. Collecting facts and data

B. Planning and controlling

C. Organizing and commanding

D. Handling organizational issues

10. Management is the act of

A. Employing workers

B. Getting things done through people

C. Undertaking transactions

D. Distributing goods and services