WAEC - Commerce (2017)
1
commercial activities recieved a great boost in west A frica due to contact with?
2
The job of the polic in keeping law and order in the society is?
3
A business which becomes insolvent may result in
4
which of the follwing does not belong to the extractive occupation?
5
The major division of commerce are?
Answer(D)
trade and auxiliaries to trade
6
A memorandum of association is a document
Answer(A)
defining a company's relationship with the public
7
The main purpose of branding is to?
Answer(C)
differentiate goods from other similar goods
8
The facility which is not provide by the port authority is?
9
A cheque could be dishonoured as a result of?
10
when a company sells shares to existing shareholders at preferential rate, this is
11
The conversion of raw materials into finished goods is performed by?
Answer(D)
the manufacturing industry
12
which of the following is not a factor of production
13
what is the average stock
14
What is the cost of goods sold
15
What is the rate of stock turnover.
16
which of the following is a source of short term capital.
17
The most suitable channel for the sale of an aircraft is?
18
The duty payable on goods produced locally iis
19
An overdraft is granted to holders of?
20
The amount of capital used in the day-to-day running of a company is?
21
an example of an invisible item of trade is?
22
in a hire purchase agreement, the buyer is the
23
which of the following terms is not used in price qoutation for goods
24
Mr ojo paid Noak the sum of N3,000 for a piece of land without signing a deed of sale. the lement of contract which is lacking is?
25
which of the following documents is used in home trade only
26
the central bank carries out its monetary policy through?
27
the expert reponsible for the calculation of prabability of risk in insurance is?
28
A disadvantage of rail transport is that?
29
the advertising medium that makes only audio impression is
30
A speculator in the stock exchange market who sells securities in anticipation of a fall in their prices
31
which of the following activities is aimed at closing sales.
32
a machine supplied by a post office to an organisation to imprints stamps on their letters is?
33
An agreement between two people which can be enforced is?
34
the marketing mix element which ensures that goods are available where and when needed is?
35
an example of a computer output device is a?
36
ocean liners are vessels that?
Answer(A)
sail at schedule time on fixed routes
37
The process of placing the right people in the right position in an organisation is?
38
The right of an unpaid seller doesnt include?
Answer(A)
declaring the buyer bankrupt
39
The coming together of people who engage in trade and industry in a particular area is?
40
The term which enjoins a buyer to examine goods thoroughly before making payment is?
41
which of the following is not a tool for sale
42
The organisation of local and international trade fairs is the responsibilty of
43
under the principle of subrogation, the insurer has the right to?
Answer(C)
take over any legal rights of the insured
44
the law that protects a musician's work from piracy is?
45
which of the following countries is a member of the lake chad basin commission
