Waec Commerce 1992 Past Questions and Answers

Question 26:

• WAEC 1992

Which of the following is common to both large and small firms?

A. Lower running cost
B. Personal attention to customers
C. Large capital
D. Profit making
E. Opening On public holidays

Question 27:

• WAEC 1992

Nearness to a city centre and a busy street is a necessary condition for sitting?

A. A market place
B. A sales office
C. An accounts office
D. An advertising office
E. A wholesale warehouse

Question 28:

• WAEC 1992

The minimum number of membership for a public limited company is?

A. Two
B. Seven
C. Seventeen
D. Twenty
E. Fifty

Question 29:

• WAEC 1992

Manufacturing ends when goods?

A. Are advertised to the customers
B. And services are used by the producers
C. Are packed and labelled
D. Are sold in the markets
E. Reach the final user

Question 30:

• WAEC 1992

Which of the following functions is not performed by as small retailer?

A. Selling in units to consumers
B. Financing producers
C. Buying from wholesaler
D. Selling goods on credits
E. Stocking a variety of goods