Waec Commerce 1992 Past Questions and Answers

Question 6:

• WAEC 1992

Which of the following is an investor earns profit on the basis of his patronage?

A. Debenture holder
B. Partner
C. Sole proprietor
D. Co-operative member
E. Shareholder

Question 7:

• WAEC 1992

A group of retailing shops under one management and selling then same products is known as?

A. Multiple shop
B. Supermarket
C. Department stores
D. Variety store
E. Unit shop

Question 8:

• WAEC 1992

A group of retailing shops under one management and selling then same products is known as?

A. Multiple shop
B. Supermarket
C. Department stores
D. Variety store
E. Unit shop

Question 9:

• WAEC 1992

Which of the following saves consumers the time and cost involved in travelling to commercial centres for shopping?

A. Department store
B. Supermarket
C. Mobile shop
D. Wholesale stores
E. Stall holder

Question 10:

• WAEC 1992

When payments is required for goods at the time order is placed, the term of payment quoted is?

A. C.O.D
B. C.W.O
C. C.I.F
D. F.O.R
E. F.O.B