Waec Commerce 1990 Past Questions and Answers

Question 66:

• WAEC 1990

to inform the buyer that the goods are in transit,the seller sends him?

A. A quotation
B. An invoice
C. A debit note
D. An advice note
E. A credit note

Question 67:

• WAEC 1990

the main source of income for a limited liability company is?

A. Bank overdraft
B. Government subsidy
C. Undistributed profit
D. Bank loan
E. Share subscrptions

Question 68:

• WAEC 1990

the authorised capital of a company is also referred to as it's?

A. Called-up capital
B. Issued capital
C. Subscribed capital
D. Nominal capital
E. Unissued capital

Question 69:

• WAEC 1990

which of the following is an aspect of the marketing concept?

A. Product orientation
B. Sales orientation
C. Consumer orientation
D. Mass production
E. Mass distribution

Question 70:

• WAEC 1990

a study to discover consumers preferences and needs is called?

A. Marketing
B. Consumer orientation
C. Market research
D. Marketing mix
E. Market demand