Waec Commerce 1991 Past Questions and Answers

Question 46:

• WAEC 1991

The manufacturer would by-pass the wholesaler and the retailer in the distribution of his products if the?

A. Demand is widespread
B. Wholesaler and retailer lack office accomodation
C. Volume of production is high
D. The product make-up and use are highly technical
E. Manufacturer has no warehouse

Question 47:

• WAEC 1991

Which of the following is statutorily responsible for providing information and incentives required to increase the volume of Made-in-Nigeria goods in foreign markets?

A. Association of Nigeria Exports
B. Nigeria Export Promotion Council(NEPC)
C. General Agreement onTariffs and Trade(GATT)
D. Association of Nigeria Importers
E. Manufacturers Association of Nigeria

Question 48:

• WAEC 1991

Which of the following is a retail outlet to eliminate the profit of middlemen?

A. Producer co-operative
B. Consumer co-operative
C. Thrift and Credit Society
D. Department store
E. Multiple shop

Question 49:

• WAEC 1991

The use of catalogues is associated with?

A. Hawkers
B. Roadside traders
C. Mobile shops
D. Chain stores
E. Mail-order business

Question 50:

• WAEC 1991

A documents which a retailer sends to a wholesaler requesting him to supply items is called?

A. A letter of inquiry
B. A catalogue
C. An invoice
D. An order
E. A tender invoice