Waec Commerce 1997 Past Questions and Answers

Question 1:

• WAEC 1997

Extractive occupation is an example of

A. Construction industry
B. Manufacturing industry
C. Tertiary industry
D. Primary industry
E. Secondary industry

Question 2:

• WAEC 1997

Extractive occupation is an example of

A. Construction industry
B. Manufacturing industry
C. Tertiary industry
D. Primary industry
E. Secondary industry

Question 3:

• WAEC 1997

The fastest means of sending a printed message from Lagos to London is through

A. Aeroplane
B. Telephone
C. Cablegram
D. Telex
E. Courier

Question 4:

• WAEC 1997

An association that mobilizes the savings of members and channels them to needy members is known as

A. Consumer Co-operative
B. Producer Co-operative
C. Thrift and Credit Co-operative
D. Multi-purpose Co-operative
E. Trade Union

Question 5:

• WAEC 1997

If Ade issues a Union Bank cheque to Chukwu, the Union Bank is the

A. Drawee
B. Payee
C. Drawer
D. Acceptor
E. Creditor