Waec Commerce 1994 Past Questions and Answers

Question 56:

• 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 57:

• WAEC 1994

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

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

Question 58:

• WAEC 1994

Commerce is not concerned with?

A. Changing the place ofa product
B. Changing the form ofa product
C. Changing ownership of a product
D. Distribution of a product
E. Warehousing of a product

Question 59:

• WAEC 1994

An alternative term for ordinary shares is?

A. Unit trust
B. Gilt-edged securities
C. Equities
D. Bonus issues
E. Right issues

Question 60:

• WAEC 1994

The retail of goods through currency operated machines is known as?

A. Mail order business
B. Automatic vending
C. Party selling
D. Impulse buying
E. Merchandising