Waec Commerce 1993 Past Questions and Answers

Question 76:

• WAEC 1993

(a) Describe any four features of a multiple shop.
(b) Give any four reasons why small scale retailing is common in Nigeria.

Question 77:

• WAEC 1993

(a) State any four sources of capital for a public limited company.
(b) Explain any four advantages and disadvantages respectively of converting a business into a public limited company.

Question 78:

• WAEC 1993

Write short notes on the following, showing their main uses in foreign trade:

(a) Shipping notes
(b) Ship's manifest
(c) Bill of sight
(d) Dock warrant
(d) Bill of entry.

Question 79:

• WAEC 1993

(a) Describe the functions of the Stock Exchange.
(b) State the types of securities traded in the Stock Exchange.

Question 80:

• WAEC 1993

(a) What are Thrift Societies?
(b) Describe five services rendered by Thrift Societies to their members.