Waec Commerce 1998 Past Questions and Answers

Question 46:

• WAEC 1998

Which of the following s a form of public relations?

A. Feature articles
B. Window display
C. Catalogue
D. Transportation and delivery services
E. Personal selling

Question 47:

• WAEC 1998

When a firm sets a low price for new product, this is said to be

A. Market swimming
B. Competitive pricing
C. Penetration pricing
D. Loss leader pricing
E. Target pricing

Question 48:

• WAEC 1998

Ola presented his motor-cycle for sale to Musa at a cost of #8,000. Musa agreed and bought the vehicle at the same amount.
The #8,000 for the sale is

A. An offer
B. An acceptance
C. A consideration
D. A warranty
E. A security

Question 49:

• WAEC 1998

Ola presented his motor-cycle for sale to Musa at a cost of #8,000. Musa agreed and bought the vehicle at the same amount.
Ola is the

A. Offeror
B. Offeree
C. Acceptor
D. Guarantor
E. Surety

Question 50:

• WAEC 1998

When an acceptance to an offer is conditional, the offer becomes

A. Accepted
B. A counter offer
C. Valid
D. Void
E. Frustrated