Waec Commerce 1994 Past Questions and Answers

Question 66:

• WAEC 1994

Firms merge in order to?

A. Discourage the employment of specialists
B. Encourage competition
C. Discourage the use of each other’s bye-products
D. Create a monopoly
E. Decrease the size of the business

Question 67:

• WAEC 1994

Firms merge in order to?

A. Discourage the employment of specialists
B. Encourage competition
C. Discourage the use of each other’s bye-products
D. Create a monopoly
E. Decrease the size of the business

Question 68:

• WAEC 1994

Which of the following is responsible for carrying oiut the monetary policy of a country?

A. The Ministry of Finance
B. International Monetary Fund
C. Internal Revenue Board
D. The Central Bank
E. The World Bank

Question 69:

• WAEC 1994

Which of the following indicates the manufacturer from whom goods are to be bought?

A. Open indent
B. Closed indent
C. Consignment note
D. Export invoice
E. Certificate of origin

Question 70:

• WAEC 1994

Which of the following is not a branch of commerce?

A. Trade
B. Transport
C. Warehousing
D. Production
E. Banking