Waec Commerce 1994 Past Questions and Answers

Question 51:

• WAEC 1994

Who among the following is not involved in foreign trade?

A. Factor
B. Dei Credere Agent
C. Wholesale Merchant
D. Jobber
E. Forwarding Agent

Question 52:

• WAEC 1994

The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies is?

A. Organizsing
B. Planning
C. Communicating
D. Directing
E. Coordinating

Question 53:

• WAEC 1994

Which of the following belongs to the capital market?

A. Commercial bank
B. Stock exchange
C. Ministry of Finance
D. Chamber of Commerce
E. Discount House

Question 54:

• WAEC 1994

The rebate given to the retailer by the wholesalerto enable him make profit is known as

A. Trade discount
B. Cash discount
C. Credit guarantee
D. Commission
E. Mark-up

Question 55:

• WAEC 1994

Who among the following is not involved in foreign trade?

A. Factor
B. Dei Credere Agent
C. Wholesale Merchant
D. Jobber
E. Forwarding Agent