WAEC - Commerce (2000)
1
Which of the following can be defined as trade and aids to trade?
2
Which of the following is not a source of finance to a sole proprietor?
3
The coming together of two or more firms at different stages of production is?
4
The total value of fixed and current assets is?
5
Which of the following is true about cumulative preference shares?
Sagot(A)
Unpaid dividends are carried forward
6
Which of the following is true about cumulative preference shares?
Sagot(A)
Unpaid dividends are carried forward
7
A debenture is mortgaged when it is?
8
A retail outlet which sells a fairly narrow range of goods with a number of branches in different towns is a?
9
A consignment note is used when?
Sagot(B)
goods are dispatched to agent through transporters
10
Which of the following is not contained in an advice note?
11
A refund of the duty collected on goods imported and processed for re-export is?
12
When a country's total visible and invisible exports are more than its visible and invisible imports, it has?
Sagot(A)
favourable balance of payments
13
Which of the following is not a function of a retailer?
Sagot(D)
Branding and packaging of goods
14
A merchant who wishes to order goods from a foreign country sends?
15
A merchant who wishes to order goods from a foreign country sends?
16
The production of good in anticipation of demand is possible because of the existence of?
17
Which of the following is sent in reply to a letter of enquiry?
18
The abbreviation phrase E & OE is usually printed on?
19
Which of the following refers to a price reduction based on the size of order?
20
Which of the following is not a means of payment in foreign trade?
21
A bill of exchanged on maturity is allowed?
22
Which of the following is not a financial institution?
23
When a customer writes a cheque in his name and withdraws cash with it from his account he is both the?
24
Which of the following is a means of payments through the post office?
25
Which of the following encourages people to save towards owning a house?
26
Which of the following services is not rendered by commercial banks?
27
A retirement insurance policy which enables the assured to receive income for a specific period is?
28
When an insurance company indemnifies the insured and takes over his rights, this is known as?
29
When an insurance company indemnifies the insured and takes over his rights, this is known as?
30
In a public Limited Liability Companies, equities are referred to as?
31
In a public Limited Liability Companies, equities are referred to as?
32
The method of sending message by the teleprinter?
33
The information on terms of carriage of mails is mails is found in?
34
Rail transport is less flexible than road transport because?
Sagot(B)
train is slow over long distances
35
Which of the following is used for moving only goods from one sea port to another?
36
The marketing activity that stimulate immediate demand for a product is?
37
Which of these is not a basic marketing function?
39
Firms wishing to defend establishment products as well as launch new ones will make use of?
40
Which of these is not a basic marketing function?
41
Which of the following is a method of sales promotion?
42
The deliberate and sustained efforts to maintain a good iamgr of a company is known as?
43
A contract of sale where ownership passes to the buyer on the first installment is known as?
44
Which of the following agent guarantees payment for transaction entered into on half the principal?
45
Which of the following is not a means of consumer protection?
46
Which of the following is not a means of consumer protection?
47
Which of the following is not a requirement for a valid contract?
48
A counter-offer in a contract is regarded as?
49
Which of the following is not a right of the consumer?
50
Which of the following is an agreement to transport goods but not a document of title?
