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Commerce 1996 Waec Past Questions and Answers

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Commerce 1996 Waec Past Questions


Question 96 :



(a) State five reasons why road transport would be preferred to rail transport
(b) Give five functions of the Nigerian Airport Authority.




Question 97 :



Write short notes on each of the following
(a) Marine insurance,
(b) Accident insurance
(c) Group insurance
(d) Export Credit Guarantee insurance
(e) Fire insurance




Question 98 :



(a) Give any five features which are common to both cooperative societies and private limited companies
(b) Explain any five differences between cooperative societies and private limited companies.




Question 99 :



State five aids to trade and explain how each facilitates trade.




Question 100 :



Explain the social responsibilities of a business to the following:
(a) the community
(b) the employee
(c) the shareholders
(d) the government
(e) the consumers.








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